Anyone from Freetrade on these forums?
@Yeah sorry for the delay. We would like to add this feature, and we understand how important and highly-requested it is by many people, however itâll be a while longer until we are able to add this.
This is due to a number of other priorities we are working on right now.
Appreciate your patience, thanks for bearing with us.
Ok cheers Sam, thatâs good to know. Hopefully it wonât be too long.
Donât hold you breath
I think I need clarification on this. My stuff is not to be touched even with FCA approval
It talks about Gaudiâs own assets, not the SIPPs themselves. It just looks like the FCA wants to ensure directors donât asset strip the company.
For some context - Freetrad SIPP and FCA / Vanguard concerns - #3 by acamp
Anyone seen anything mentioned about the limit on the amount you can put in a SIPP for unearned income? (Current limit ÂŁ2880+tax relief)
This side of things is our responsibility, not FTâs so we just have to keep an eye on any law changes. If I understand correctly, if as non tax payers we go over the limit, we may get a bill from HMRC after the event to repay any overpayment.
The Government website on tax relief is below - scroll down to âif you do not pay income taxâ.
This might be answered somewhere but every other provider seems to allow you to nominate a beneficiary to receive your SIPP if you pass away. Is this possible with Freetrade or what would happen in that situation? Thanks
Should be able to do it here
Got it completed, thank you!
looking for some clarity on how tax relief is handled within FTs SIPP. Are these deposits accompanied by a notification? and can this be filtered on the activity tabâŠneed this to be as hassle free as possible for reporting purposes.
thanks in advance.
I donât get a notification but I tend to mute apps. Tax relief drops in 5-6 weeks after top ups on the 21st-23rd of the month. The payments show in the activity feed but I canât see an option to filter by âtax reliefâ.
Good question @Panik and this would make a great feature suggestion. It would be a quick win for FT too.
The SIPP activity feed does show each âHMRC Tax Reliefâ payment but I do not think that I receive a notification and as @rehpot says, there is no filter for it and that would be really handy.
I flagged up ages ago that I couldnât sort by âtax reliefâ so I guess itâs on their to-do list.
I get a notification when the relief lands in my account and it is around 5-6 weeks after top up.
I see Freetrade is now offering uncrystallised funds pension lump sum (UFPLS) withdrawals, so progress with developing the SIPP
Freetrade doing well with my transfer. Just one being held hostage my favourite line is, âif we decide to transferâ grrrrr itâs my pension!!!
Is there any plans for SIPP account only(without regular and ISA) to reduce the monthly fee?