InvestEngine has implemented a temporary suspension on new managed pension accounts, including Self-Invested Personal Pensions (SIPPs). This measure has been in place for several months, causing frustration among potential investors.
📉 Current Status
As of October 2025, InvestEngine continues to restrict the opening of new managed pension accounts. This ongoing limitation has led to dissatisfaction among users who were anticipating the service. Despite inquiries, the company has provided generic responses without clear explanations for the prolonged delay.
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🔄 Alternative Options
If you’re seeking to invest for retirement during this period, consider the following alternatives:
DIY SIPPs: Open a SIPP and manage your investments independently using ETFs or other assets.
LifePlan Portfolios: InvestEngine offers pre-built LifePlan portfolios, which are actively managed and designed for long-term growth. These portfolios are available for general investment accounts and ISAs.
InvestEngine
🔒 Security and Regulation
InvestEngine is authorized and regulated by the Financial Conduct Authority (FCA). Client investments are ring-fenced, meaning they are protected and separate from the company’s finances. In the unlikely event of the company’s insolvency, your investments would be safeguarded and either returned to you or transferred to another provider.
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📞 Next Steps
If you have further questions or need assistance:
Contact InvestEngine Support: Reach out directly to inquire about the status of managed pension accounts and any potential timelines.
Monitor Updates: Keep an eye on InvestEngine’s official communications for any announcements regarding the resumption of managed pension services.
Explore Other Providers: If immediate access to managed pension services is essential, consider exploring other FCA-regulated platforms that offer similar services.
Feel free to ask if you need assistance comparing alternative platforms or understanding the features they offer.