WU Shop helps Western Union take aim at the online shopping market Financial services providers are branching out into online shopping with money transfer provider Western Union’s launch of a digital platform for shoppers in Germany and Austria. Read our full Western Union review here What is WU Shop? The WU Shop is aimed at …
Wealthsimple company’s mission is to offer ‘simple, sophisticated, and affordable financial products. And make sure they’re available to everyone’. The robo-advisor was founded in Canada in 2014 and launched in the UK in September 2017. It has amassed 175,000 clients with £4.8bn in assets under management (as at end February 2021). Wealthsimple offers a pension, …
Wealthsimple Review: Simple and sophisticated personal investing Read More »
A reader asks: I have a SIPP from which I drawdown amounts as a pension. The SIPP is invested. Sanlam have managed the investments for many years, and they used MC Trustees as SIPP administrators. MC Trustees were acquired by Mattioli Woods. Mattioli Woods charge me on a flat rate basis which has become expensive compared to the reduced size of the fund. Sanlam have confirmed that …
A reader asks: I am looking to purchase a retail commercial property for £100,000 using a transfer from my personal pension into a SIPP. I just wanted to know how I find the most competitive commercial SIPP provider reference charges. As is often the case when it comes to uncovering the fees for financial products, …
How can I compare commercial property SIPP charges? Read More »
A reader asks: I have a SIPP with a value circa £800K, I am thinking of changing from my current platform. I’ve been told AJ Bell are a good choice. Would I need to speak to them direct regarding exit fees and possible incentives to move to them? The beauty of self-invested personal pensions (SIPPs) …
How do I deal with exit fees when switching SIPP provider? Read More »
Five million Britons are at risk of losing their retirement savings to fraudsters and pension scams. This was the alarming figure published by the Financial Conduct Authority (FCA) and The Pensions Regulator (TPR) this summer in a bid to prevent more people joining the millions who have already seen their savings disappear overnight. In 2018, …
Pension Scams: How To Spot, Avoid and Report Them Read More »
