Any update on the release date? Is it November?
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The new pricing is great for lower pots. However, it is not competitive to FreeTradeâs flat fee of ~144ÂŁ for larger pots. I doubt many people with large pots will switch to IE given this which will limit the AUM and subsequent revenues.
@Paul_M Is this still happening in November? Lots of mentions of coming weeks, November and then itâs just been very quiet.
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Well its either by Thursday this week or not.
Doesnât look like November thenâŚ
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Hi! Apologies for not providing you with an update in time.
Unfortunately, we werenât able to launch SIPPs just yet, but we are working hard to make it happen shortly!
We canât give you any specific date, but we will keep you informed once SIPPs are introduced!
Well Anna, you did provide the update in time as it is still November.
But⌠how the company communicates and what it communicates and what it doesnât communicate, not just to its customers but also to its investors and the wider public, is pretty amateurish, I think.
Maybe you should hire someone, or a team of people, who has an idea of customer service and marketing and can improve the way youâre doing things in this regard.
As for SIPPs: Well, Iâm not holding my breath and my money, which was earmarked for transfer, stays invested elsewhere.
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Hello, thanks for your feedback, please be assured itâs been taken seriously.
We are hoping to launch SIPPs asap and once itâs done, we will make a relevant announce .
Hope you have a good day!
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Guess this isnât happening in '23 now?
InvestEngine is thrilled to announce the launch of our long-awaited Self-Invested Personal Pension (SIPP)
SIPP accounts will go live in the week commencing January 8, 2024 - initially just for clients who have preregistered on the waitlist, before a wider, full public launch. We appreciate everyone's patience and we're looking forward to bringing you this new opportunity to enhance your retirement planning with InvestEngine in 2024.
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Iâm always excited to hear about new tools and features that can help me better manage my finances.
Iâm looking forward to trying out the SIPP and seeing how it can help me achieve my financial goals.
Thanks again for sharing this exciting news! (Hope there are no more changes to this date).
Will the pricing and features for SIPP be revealed on 08/01/2024?
I have registered for waitlist, will i get an email for creating a SIPP or do i need to register again for waitlist?
Received an email as below in September, would this be sufficient to get early access to SIPP?
@vvsvin â Weâll post the full pricing policy before launch but Iâll be 0.15% pa taken monthly with a ÂŁ200 annual cap.
The featured will be limited at launch, the products is designed for people in the accumulation phase of their retirement savings. Weâre also still working through the details of transfers + employer contributions. But Iâll look to share details of our roadmap for adding these additional features later in H1 of 2024.
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Hi Tom, thatâs great news!
Can I suggest to also plow through the list of requested ETFâs, for instance Global Xâs QYLP / XYLP / SDIP, which have so far not been added to the current list of investable ETFâs?
This way the new year starts with a great product at a reasonably competitive price with a bunch of newly available ETFâs to invest in.
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Hello!
Thank you for your ETF suggestions! Please be assured that the list has been forwarded to the relevant team, who will look into adding mentioned ETFs to the platform
Hi, what is the process in getting ETFâs added to the available range?
Hi!
We canât give any precise date for adding new funds at the moment but weâll post updates here, on our Community Forums and social media whenever we do add new funds.
Thanks again and I hope you have a great day!
Hi, thank you for your reply.
I didnât ask for the precise date - Iâm interested in understanding what goes into the decision of adding / not adding an ETF to the available range.
I also keep seeing requests being raised by other people and the answer is always the same - that you guys canât give a precise date which is fine in general ⌠but there never seems to be any updates on which ETFâs have been requested, what the process is for an ETF to be added to the range, how far the decision-making for requested ETFâs has come etc etc.
These things arenât communicated to people who have an account and they are also not communicated in the investor updates. Food for thought, methinks.
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Iâve been very impressed by how responsive InvestEngine are to ETF suggestions, but i agree Iâve never actually seen new ETFs âannouncedâ on the forum and have mostly found out they have been added by just searching for them one day and seeing that they are there.
Would be nice if there was a âNew ETFâ community post that was updared with new additions.
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Thanks Tom, thatâs good news. When you say youâre working out the details of transfers, does that mean that only direct contributions will be available at launch? My plan is to transfer assets in from two other schemes, with periodic transfers from my current employer scheme going forward (as there are very generous incentives for me to salary sacrifice).
Not a huge deal, but the answer will affect the shorter term management of the assets in my employerâs current scheme. Thanks again, and looking forward to the launch.
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Will IE / can it use Origo Options? - my existing provider says it will only do electonic transfers out using that?