No jargon or complexity, just clear fees and investment styles to suit your needs. Plus, an instant 25% top up. The tax treatment of your investment will depend on your individual circumstances and may change in the future.
Wealthify’s Personal Pension is a great way to save for your long term goals. Use it to supplement your workplace pension, or transfer your existing pots to us to help your money work harder.
Use our Pension Calculator to see what your pot could be worth – just choose how much to contribute and pick an investment style that suits you. You can even choose an ethical pension if it better fits your values.
Effortlessly grow your pension with an instant 25% tax relief top up - meaning every £800 invested in a pension is worth £1000 for a basic rate tax payer.
We automatically calculate the top up and add it to your investment, so there’s no need to chase HMRC!Try it out
Some providers have a low management fee, but hide extra charges which can impact your returns over time. At Wealthify, we charge a flat fee to manage your Pension, so you always know where you stand.About our fees
A Pension that fits in with you - choose to set up a regular payment, or top up whenever you can. Change or pause your payments anytime online or in our app.Get Started
Up to the first £85,000 of your money can be protected by the Financial Services Compensation Scheme (FSCS) and we’re authorised and regulated by the Financial Conduct Authority (FCA).How Wealthify works
From sign up to draw down, we offer no paperwork, no post, just a simple, seamless online pension. If you do need help, our UK based customer care team are available on phone, live chat or email.Contact us
Not all personal pensions are the same, so we’ve created this useful guide to give you information on:
This guide doesn't offer personal advice, speak to a financial adviser if you're unsure about whether investing is right for you.
Tell us a few details about your pensions, including a reference number and recent value.
We’ll talk to your provider and start the transfer. This usually takes 2-6 weeks.
We'll monitor your Plan 365 days a year, adjusting it to stay on track.
Wealthify is offering a Self-Invested Personal Pension, or SIPP, which is a pension you personally set up and contribute to. It is separate to a workplace pension or the state government-funded pension.
A personal pension is a great way to complement your workplace pensions by having more flexibility over how you contribute and invest.
That means, instead of being enlisted in whichever pension your workplace is offering, you have a greater choice of investments. Pick a level of risk that you’re comfortable with, choose whether you want ethical investments and decide how much you want to pay.
Plus, you’ll get a 25% top up on each contribution up to £32,000 or 100% of your salary – whichever is lower – thanks to tax relief. That means if you add £800 to your personal pension, tax relief will take this amount up to £1000, and best of all, you don’t have to do a thing. We’ll add this tax relief to your account automatically – giving you 25% more to invest.
Wealthify automatically adds the 25% top up to your pension contributions. So, if you pay in £800, the government adds another £200, making the total £1000. However, if you’re a higher tax rate payer, you may be entitled to more, in which case you will need to contact HRMC to be able to access higher rate tax relief, this will need to be submitted on your annual tax return.
Not at the moment, but it’s something we’re working on. Once we’ve got it up and running, we’ll let you know!
Transferring your old pensions is easier than you might think – all we need to know is who your old providers are, reference numbers , an estimated value, and your permission to get in touch with your old providers regarding your pensions. You can usually find this information on your latest pension statement. We’ll do the rest and consolidate them into your Wealthify Pension.
You can access your pension when you turn 55 and are able to withdraw 25% of the total amount tax-free. However, you do not have to take the remainder of pension then. If you’re still working for example, you can leave the money in your pension – and continue to contribute – until you retire.