Managed Personal Pension
An award-winning Personal Pension, built around your retirement.
✓ A managed Plan that handles all the investing for you, so you don't have to think about it.
✓ Receive automatic tax relief with a 25% top-up on personal contributions.
✓ Track your retirement outlook and see how small adjustments could make a big difference.
Transfer in your old workplace pensions or start a new Wealthify Personal Pension with a £1,000 opening deposit.
With investing, your capital is at risk. Tax on your investments will depend on your individual circumstances and can change.
How to open a Personal Pension
Three simple steps. That’s all it takes to open a new Personal Pension with Wealthify.
Choose a Plan
From Cautious to Adventurous, Original or Ethical; start by telling us what type of investor you want to be.
We Invest
Once we’ve established your investment style, our experts will build your Personal Pension Plan with just the right mix of investments.
We Optimise
Then leave all the heavy lifting to us, as we monitor your Pension Plan and adjust it to keep your retirement on track.
Our Awards
Is a managed Personal Pension right for you?
✓ You'd rather leave the investing to our experts
✓ You want your portfolio rebalanced automatically, without lifting a finger
✓ You want to build your pension pot without it taking up your time
✗ You enjoy researching the markets and picking your own stocks
✗ You already have a clear investment strategy in mind
✗ You want to react to market movements and invest on your own terms
Why choose Wealthify for your pension?
Backed and owned by Aviva, we’re trusted by over 130,000+ customers to look after their savings and investments.
Simple
You don’t need any previous investing experience with a Wealthify Self-Invested Personal Pension (SIPP). Simply choose your investment style and track how your pension pot performs over time.
More control
Whether via Direct Debit or one-off payments, you can pay into a Wealthify managed SIPP when it suits you, helping you to build a pension pot on your terms.
Great value
One simple annual management fee of 0.6%, which drops to 0.3% for any portion that's £100,000 or above. Fees are calculated based on the value of your investments and deducted automatically each month.
Managed for you
Our Investment Team manage and optimise your investments. This includes your 25% tax relief top-up on personal contributions, which we’ll automatically add to your pot and invest for you.
Essential tools
Use our pension calculator to give you confidence over where you are with your pension, and how changes you make might affect how much your pot could be worth when you retire.
Support
Sometimes you just need to speak to an actual human being — that's why our award-winning Customer Care team is always here to help (please note, they're unable to give any financial or product advice).
Transferring a pension to Wealthify
Looking to transfer an old pension to a Wealthify SIPP?
Perhaps you have a handful of old workplace ones you’ve been wondering what to do with? If this sounds like you, then the good news is that transferring them is an easy process, as we do all the hard work for you. And, with all your old pensions consolidated, your investments could build as one larger, combined amount!
1. Find your old pensions
Start by telling us a few details about your old pensions via an online transfer form, including a reference number and recent value.
2. The transfer process
We'll then talk to your provider(s) and start the transfer process, which usually takes within 30 days to complete.
Pension calculator
Figuring out how much you might need in retirement can feel like the hardest part of getting started — but it doesn't have to be. Our free pension calculator does the hard work.
Just tell us your name, age and expected retirement age, any pensions you're looking to transfer, how you'd like to add to your pot, and the type of investor you are (Cautious to Adventurous) and we'll do the rest. Tweak the figures to see how even small changes could affect your outcome.
OUR REVIEWS
Pension FAQs
A Self-Invested Personal Pension (or SIPP, for short) provides two main tax benefits:
- You don’t pay capital gains or income tax on your investments as they grow
- You'll get an instant tax relief top-up of 25% on personal contributions.
You pay your own money into a SIPP, and can adjust how much you pay in, making it a popular option for self-employed people looking to make personal contributions — and those looking to have more than just their workplace pension for retirement.
A Wealthify SIPP will typically be invested in a wide range of investments, including shares, bonds, and property. However, it slightly differs from a standard SIPP, as our team of investment experts manage your portfolio for you.
You can access your pension when you turn 55 (rising to 57 in 2028). Subject to current pension rules, you'll be able to withdraw 25% of the total amount tax-free, with the rest being taxed based on your individual circumstances. However, you don’t have to take any of your pension if you don’t want to. If you’re still working, for example, you can leave the money in your pension – and continue to contribute – until you retire.
The way you take your money out of your pension (a process known as moving your pension into drawdown), will vary depending on the type of pension you have.
If you have a defined benefit pension, you will receive a specific income for life, which should increase every year. If you have a defined contribution scheme, then you’ll be able to choose how you want to withdraw your funds using one of the following methods:
- Take your whole pension in one go as a lump sum.
- Withdraw money whenever you need it.
- Receive a regular income.
Wealthify doesn’t offer a pension tracing service.
However, if you're looking to transfer your pension to us, we will need to know who your pension is with and a reference number.
Normally, pension providers will issue you an annual statement that comes through the post — even if it's a lost pension you no longer pay into.
Your policy number should be included in the letter. If you know the pension provider but can’t find a statement, you may still be able to find your pension by contacting the provider.
In the case of a workplace pension (a pension set up by your employer), if you don’t know who the provider is, then your first port of call should be contacting your employer.
If you need help finding a lost workplace or personal pension, please visit the Pension Tracing Service, which is a free, government-run service.