I want to set up a SIPP for my adult daughter and make payments directly into her account. Is this possible, or will the money have to be paid in by her?
Hello @mrjohnson99!
Thank you very much for considering InvestEngine, to open a SIPP account for your daughter — we really appreciate it.
At the moment, I’m afraid the option you described isn’t available on our platform.
We currently only offer personal SIPP accounts, and contributions can only be made by the registered account holder. This means that only your daughter would be able to make deposits into her InvestEngine SIPP.
We hope this meets your needs, but if not, we appreciate your feedback and will take it into account for future developments.
Kind regards,