MEGATHREAD: Freetrade SIPP

Illustration

418xx

Edit: sign up on the 19 January

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While clicking around there has been a change for the better. When I go to the in app chat and start a new conversation I now have a ‘Start your transfer’ option in the chat window.

After selecting this and filling in my details my transfer is now underway, Woo! :raised_hands:

I don’t know if it’s down to what page you press start transfer on but I did notice that sometimes it would take you to a standard chat window and sometimes it would take you to the bot to start the transfer.

Both my mum and brother had the button take them to a standard chat window first as well.

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All, I keep stumbling on Gaudi with negative views, for instance this one. Any views from people who have invested in SIPP ? is this of any concern. I asked on FT chat, no answer since 4-5 days on this. Gaudi - Claim for Gaudi SIPP | Mis-Sold SIPPs | Goodwin Barrett

In regards to Beaufort Securities, Gaudi provided the SIPP product as a white label as i understand. It was Beaufort Securities that went under not Gaudi.

For Greyfriars, Gaudi took on their SIPP clients as Greyfriars went under. https://www.ftadviser.com/pensions/2018/11/15/administrator-takes-on-sipps-from-troubled-provider/

In both cases its not Gaudi that was in trouble. The site you’re seeing is a vulture site for these claims companies who’ll just write anything on their page to get people to them.

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Hi everybody,

I’m pleased to announce that we have completed our roll out to our SIPP waitlist customers. We will now begin the SIPP rollout to our entire customer base.

As many of you now have the Freetrade SIPP and have had a poke around, it would be great to hear what you would like to see next!

Here’s a short list of some potential improvements you can vote on, but feel free to suggest your own:

What would you like to see next?
  • In-Specie transfer support (In and Out)
  • A better, easier way to transfer and combine pensions
  • Retirement planning tools and calculators
  • Drawdown options
  • Employer contribution support
  • Set up regular contributions to your pension via bank transfer or standing order
  • Instant tax relief (25%)

0 voters

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Fascinating that the instant tax relief is the highest option so far, it would stand out i suppose, but of little consequence once you’re regularly topping up your SIPP (imo).

i went for regular contribution option. It would be good to setup a regular deposit that automatically buys as much of the stocks ive asked with the money available (fractionals aren’t needed for this to work)

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Employer contributions and specifically transfers for LTD company directors would be very useful for a lot of people.

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41,8xx

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Great stuff. Thanks for sharing. My bet is that the numbers are sequential but that they started at maybe 40k or 41k for whatever reason :man_shrugging:

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Yup I think that’s the case, I signed up straight away and filed my first transfer asap and mine was 41,5xx

I don’t know if I’ll get another one following a second transfer when that comes through but I could infer the daily rate if so.

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I think your right maybe it’s a way of tracking subscription accounts maybe, who knows hope this is the case :sweat_smile:

So plus and sipp accounts together maybe around 40k together who knows

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Received illustration at exactly 6am. #42,166

Is it automated?

I signed up for sipp on Thursday 21

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Sipp transfer just arrived - process took 9 days, a lot quicker than I expected.

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Where did you transfer from?

Aegon Retiready

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Thanks. Worth keeping a list so people have rough expectations.

Anyone else?

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Congrats :+1:. Hope you manage to avoid day trading your retirement away, or not. You’re money :rofl:

Hope my pension provider is happy with the forms that I returned to them to declare that Freetrade hadn’t coerced me into any decision making or invited me to free seminars promising me guaranteed returns.

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I transferred from PensionBee - took about 12 days - the main reason it was a bit slower than others have mentioned was I had to pass on some documentation to the PBee team to show the pension was going to a regulated broker. After that it was approved by them pretty quickly.

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