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We're changing the third-party company that administers your Wealthify Self-Invested Personal Pension (SIPP), from Embark to Seccl Custody Limited (“Seccl”). Wealthify is still your pension provider, but this change impacts some of the operational handling of your SIPP, as well as a small number of practical things covered in the answers below. You’ll still be able to view and manage your Pension in the same way.
Your investments will not be sold; they simply move across to Seccl as as part of the move, remaining invested throughout the entire process. Trading is paused for a short period of 6 days during the move (see ‘Trading and transfers’ below), so we won't be able to buy or sell investments on your behalf during that window.