BEST ISA & SIPP For 2025? | Invest Engine REVIEW

[@chrispalmer24]

⭐ Invest Engine currently have a boosted bonus of up to £100 when you sign up to InvestEngine Here: investengine.com/chrispalmer (When you invest £100)

[@moiraolan9670]

Hi Chris, thanks for helping me get started. I used your link on Saturday the 11th right after watching this vid, invested £200 and have got nothing since. It only popped up the first time I clicked it that I was using your link and there’s been no reference to it since.

[@myYouTubeChannel31]

17:02 for me the biggest red flag (which id really love to see you mention in future videos) is they don't support ISA transfers OUT of invest engine. As it happens, I moved from hargreaves over to invest engine and I wish I didn't because they are so slow to settle deals and take 16 weeks pay SIPP top ups. I've now found out I can't transfer my ISA or SIPP back out which is incredibly frustrating and worrying.

[@JonnyHart-nn4ph]

This isn’t true! You can contact Vanguard or another platform and request to transfer your Invest Engine ISA over to them. It will follow the process so transferring out is possible

[@investengine]

Hi! Thanks for sharing your experience-it’s always helpful to hear feedback. Just to clarify, we do support ISA and SIPP transfers out. You’ll need to submit a request with your new provider to start the process. Regarding SIPP tax relief payments, these typically take 6-11 weeks as advised by HMRC, though we know the wait can feel long! If you’ve had any issues with settlement, our Client Services team is here to help-don’t hesitate to reach out. 😊

[@TorvestaRS]

Literally looking into this as we speak and this pops up uploaded 9 minutes ago lmao thank you

[@chrispalmer24]

Amazing haha 😅got your email btw, will reply tonight :)

[@AidanGeeMedia]

I don’t why but I didn’t expect to see Torvesta in the comments 😂 You and Chris both have great videos!

[@Pistol_Pete_X]

Torvesta investment channel when?

[@GRAYZ0]

Torvesta, InvestEngine is good but they don’t allow transfers of rsgp into the SIPP yet 😢

[@nigelhaworth1353]

IE do now have a SIPP transfer facility - but only from Vanguard. They’ve moved quickly to take advantage of the new Vanguard fees.

[@chrispalmer24]

Thanks Nigel, I missed this! Of course, makes sense.

[@spencerholdaway]

Great video Chris, there's def one thing I'd like to see. I have both an ISA and a SIP but it only shows the total balance for both at the top, whereas I'd like to see the different figure for each one, especially where you have more than one portfolio. I agree, analytics is one of the best features.

[@chrispalmer24]

Great point. Have you been in to analytics I believe you can filter it there? I’ve not got mine over yet. It’s going to really make me want my LISA there too when I do move 😂

[@juleskayak]

A few questions about transferring ISA from another provider into invest engine: 1 is it possible to transfer part of an ISA? 2 is it possible to transfer only cash? Is it possible to transfer a mixture of some cash and specific ETFs?

[@xoxz-]

Recently joined this platform and it's really simplified investing compared to interactive brokers. The one feature I miss is being able to add price limits for buying stocks, so the stocks won't be bought until your conditional price is met. Overall it's much better for new investors. Thank you for the helpful videos!

[@joshw1669]

Great video Chris, thorough, clear and well explained with pros and cons. Subscribed 👍

[@chrispalmer24]

Thanks Josh!

[@simonponting7316]

Funny how this video pops into my YT feed hours after i opened an IE account 😂, Great video very informative and definitely subscribing to the channel 👍🏾

[@chrispalmer24]

Thanks Simon, these platforms are spooky clever now lol

[@ExtremeGamer9951]

Loving invest engines no hassle approach. Started with your two fund Vanguard approach (90/10 Developed/Emerging) but recently moved to the Invesco All World fund (FWRG, I think I saw it in your Hargreaves portfolio) which tracks the same index as VWRP but for only a 0.15% fee (Not much more than the 2 fund approach for the convenience and simplicity of just one fund) and Investengines auto rebalance means that change was seamless.

[@chrispalmer24]

It's a good one! I have a video on that one coming out soon.

[@investengine]

[Capital at risk] Thanks so much for sharing your experience! 😊 It’s great to hear that you’re enjoying the no-hassle approach and the simplicity of the Invesco All World fund. It’s a solid choice for broad diversification with a low fee! Plus, the auto rebalance feature makes it even easier to stay on track. Sounds like you’ve found a strategy that works well for you-awesome to hear! If you have any other questions or tips, feel free to share. 👍

[@chicaecho]

Great video Chris, crystal clear for a beginner to understand! thank you very much for your great efforts!!!🥰🤩😍

[@Fourcupsofcoffee]

One thing I like about HL is the instant quote. Sometimes 212 takes ages to execute especially for small caps which can be very unreliable if it is also volatile or not alot of volume. At least with HL, if they can they give you a instant quote which you can accept or let lapse so you know exactly what price you are getting. Only worth it with atleast £1k deals though.

[@lawrencer25]

Fabulous video ❤❤❤

[@chrispalmer24]

Thanks Lawrence

[@gosurc1860]

I have a Hargreaves Lansdown ISA and a T212 ISA. I have funds, trusts and UK equities in the HL account. T212 don’t do funds e.g Fundsmith Equity. Is it possible to just transfer the trusts and Equities over from HL to T212?

[@jamesbailey3913]

Just Used your link Chris, thanks. keep up the videos :) can you do a video as soon as the transfer from other providers comes out. how to etc

[@chrispalmer24]

Thanks James appreciate it. I'll keep people posted! I imagine it'll be quite simple. I might make a video documenting my move :)

[@jamesbailey3913]

That would be great thanks 🙏🏻

[@tancreddehauteville764]

You can only transfer from Vanguard, which is daft, and they don't cater for drawdown - also daft.

[@chrispalmer24]

All transfers are coming soon, they just rushed through the Vanguard one for now and were flooded after Vanguard increased their fee. As for drawdown - I imagine it'll be added in the future but it's definitely a accumulation SIPP at the moment. Most of the ones that offer drawdown often reflect it in their fees. I'd use II for drawdown personally

[@tancreddehauteville764]

@@chrispalmer24 Well, at present I'm happy with Interactive Investor, so I'll stick with them for a while yet.

[@investengine]

Hey there! 😊 You’re right that transfers are currently limited to Vanguard, but we’re planning to roll out transfers from other providers soon, so stay tuned! 🎉 As for drawdown, while it’s not a standard feature just yet, clients who wish to drawdown can reach out to our CX team-they’ll guide you through the necessary steps. Thanks for the feedback!

[@tancreddehauteville764]

@@investengine OK, but you guys need to make the process simpler. Drawdown should just be a matter of clicking some buttons and turning the fund into a drawdown one.

[@MickyOTW]

Great explanation and platforms

[@HelenBerry-pi3kh]

Hi I am moving the bulk of my ISAs and my SIPP to InvestEngine from Vanguard as i disagreed with their penalisation of small accounts...but InvestEngines SIPP doesnt allow you to annotate beneficiaries which is annoying! I also use T212 cash ISAs and S&S ISA which has a larger choice.

[@chrispalmer24]

That’s really interesting Helen thanks for adding. I’ll mention to the team I’d imagine that should be coming? Seems like a necessity!

[@HelenBerry-pi3kh]

Thank you for your videos. I do appreciate them. Also, hopefully in the future InvestEngine will be able to offer drawdown options too. Many thanks for your kind insights x

[@chrispalmer24]

@@HelenBerry-pi3kh Appreciate you too Helen :) thanks for watching. They may do so!

[@stephenmcgill7757]

I'm new to the world of investing and really enjoy your videos, easy to understand as very well explained - Well Done 👏 What are your suggestions for a UK platform for a LISA I can recommend to my son age 37 (LISA is not required for buying property)? Also which platform for a S&S JISA for my granddaughter? TIA

[@jacknewtondrummer]

What's the charge for opening a SIPP then if Invest engine have no platform fee or trading fee on that account? Where's the charge to the customer? Thanks in advance!

[@chrispalmer24]

They make money on uninvested cash - and they ideally want people to opt for their managed options, or lifeplans where they charge a small % (0.25%) - they also make money on uninvested cash (which actually adds up). I expect there will be more premium offerings to come too - but for now, we can take advantage of the low fees for sure.

[@pranks321]

Thanks for this Chris, I’m a big fan of your vids!🎉 Would love to see an update on your HL LISA strategy with the new fund you’ve chosen and why in a bit more depth! And how their fees work? 😊

[@chrispalmer24]

Thanks mate, this should be included in my portfolio update :)

[@kingdel]

What’s the best lifetime stocks and shares ISA? I’m so torn between which one and need help

[@benbutcher1595]

Great video, such a shame that haven’t got sipp transfers yet.. desperate to get out of sjp after following your videos for a couple months.. think I may go with aj bell after watching your best sipp 2024 video, thank you!

[@chrispalmer24]

Thanks Ben, I think it'll be in this quarter for sure - they are itching to get it live. How far off drawdown are you? I'm currently helping my dad move away from sjp too, very high fees! (I'll be moving him to Interactive Investor) since he needs drawdown

[@benbutcher1595]

@@chrispalmer24 I don’t know if I can wait any longer! Maybe I can move to aj bell and assess at a later date. I am 32 so a way off any drawdowns. Ah that’s interesting, how is the moving process going? I’m quite anxious in terms of starting the process and I heard it can’t be quite painful.

[@moiraolan9670]

Hi Chris, useful video and has helped me to get started. I used your link but I didn’t get anything even though I have invested my first £200. I did this on Saturday evening the 11th Jan 25.

[@blindbeliever1324]

If I had a sipp and an ISA , is it okay to be invested in the same things, in both of them?

[@chrispalmer24]

Yep it is!

[@blindbeliever1324]

@chrispalmer24 thanks 👍

[@joaomanuel774]

What happens if you have 250k invested in stocks and shares ISA account in investengine or trading 212 and the broker is broken???

[@chrispalmer24]

I made a full video on this as it’s quite a detailed response, I’ve had compliance teams check this too to triple check it’s right: kzbin.info/www/bejne/oHLcdGB6nbiXZs0si=edtHWYP-WL82as18

[@joaomanuel774]

@chrispalmer24 thank you for this and for all your videos... Quite good information 👏👏👏

[@Kaceus.]

I didn’t think they accepted employer contributions into the SIPP yet? I know it’s something they’ve said they’re working towards but your video implies this is currently an option…?

[@chrisstone4648]

Chris….how much hassle would it be to transfer all my pensions to Vanguard and then transfer to IE? Does Vanguard have some cooling off period before you move your funds out?

[@chrispalmer24]

Hey Chris, will SIPP transfers being soon I wouldn't worry too much. I've heard Vanguard have been taking longer as they've lost so many customers in the panic with the new charge too. So you could be looking up to 6/8 weeks to get to Vanguard, and ten the same to get out to IE. I'm not 100% on a cooling period to be honest, I wouldn't be surprised if there was one!

[@chrisstone4648]

@ thanks, useful info, i’ll hang fire for now.

[@luckylock4147]

keep it up chris

[@chrispalmer24]

Thanks! It’s always tough because I know these videos aren’t the best for views but people find them helpful 😊

[@henriebillz785]

I am thinking about moving my vanguard lifestyle strategy 100 equity to Lifeplan 100

[@ns-cody6151]

How do I access the regular investing calculator? Great Video

[@chrispalmer24]

It's in the "retire early roadmap" link in the description, thanks!

[@Fourcupsofcoffee]

I'd like to know how invest engine keeps the lights on if there are the most competative for their fees if you could investigate. Perhaps I missed it...

[@Fourcupsofcoffee]

Just found out they keep the interest on uninvested cash.

[@katdosestuff8149]

Hello, could you possibly consider doing a video on LISA’s for retirement. I don’t see many people talking about this. I’ve been saving in to Moneybox but I have no idea if this is a good platform for a s&s LISA. Thank you for you your information

[@chrispalmer24]

Thanks for the suggestion, I'll do some more content on them :)

[@av4870-h3y]

Hi Chris you mentioned the free cash bonus if you were to open and invest into a new ISA - When would you receive the cash bonus after requesting an ISA transfer?

[@chrispalmer24]

Hi mate I believe you’ll get it pretty quickly but it’s not withdraw-able for 12 months (it’s just to encourage long term Investing and stop people abusing bonuses)

[@garyrobertson4147]

Hi Chris, thank you for the video, lots of great information. Can I transfer a DC pension which is a target date fund with L & G and not making much at all to a new SIPP with invest engine and pick something like the S & P 500 or an all world fund?

[@chrispalmer24]

Hi Gary! SIPP transfers launching soon then you’ll be able too. I’d recommend opening an account and checking which funds they have and if you can buy the same ones. They definitely have the all world though I’m in something similar

[@davothefirst9371]

Does Invest Engine pay interest on cash balances ?

[@chrispalmer24]

I don’t believe so it’s one of the ways they make money (I’d recommend a money market fund instead on there) they can pay up to 5% at the moment

[@davothefirst9371]

@chrispalmer24 Thanks Chris very helpful .... Great and detailed vlogs by the way ...... ! 5 Stars !

[@mvp_kryptonite]

Nice, badly can do with SIPP transfers. No chapters on this one then? Edit: oh that savings plan is cool! So good to see this platform developing, the drill through is excellent and life plan also attract more people

[@chrispalmer24]

Thanks! Me too. I started adding them but I sort of crossed multiple points in one chapter and thought people would miss quite vital points skipping ahead

[@mvp_kryptonite]

@ ah yes that’s fair

[@RiggerbeeOffRoad]

Looks absolutely unreal. Especially the ui and features. No ability to invest from a limited company in the sipp is a deal breaker for me.

[@chrispalmer24]

Should be coming in the first few months of this year thankfully. I need it too 😅

[@RiggerbeeOffRoad]

@@chrispalmer24 I've been watching videos on invest engine today and videos from 11 months ago have been saying the same thing that it should "be here soon". Hopefully it is actually soon 😂. I've just got started in an AJ bell sipp but I'm interested in the lifeplan funds with invest engine, over the lifestrategy80 I've currently had my eye on.

[@HFTurboSte]

I've been waiting for a year (24/01/24) for this, frustrating when they've jumped on transfers from vanguard and made happen pretty much instantly. Other transfers and employer contributions still left behind.

[@adriansmith2818]

Hey Chris, I've followed your (and others') advice and invested in developed and developed world (90/10). Now increasingly worried about the end of the bull market, impact of Trump, etc. Is it a case of keeping calm and carrying on, or a % in bonds, gold, cash, etc. Grateful for your advice - and ideally a video talking about it. Cheers and keep up the good work.

[@chrispalmer24]

Thanks Adrian. I'm not too worried, there will always be something to worry about honestly. If you are nearer retirement you could put some in bonds or cash etc to balanace risk - it'll dampen losses, but also halt gains, so it's always a tricky one. If you have long enough the general rule is to just keep investing and buy more when/if it'd down

[@adriansmith2818]

@ thanks Chris.

[@Bonk-A-Lonk]

If i have a S&S ISA in one platform, then another platform offers better opition ? Is it pointless being to pay into another platforms ISA as ill be compounding less split across the 2 or isnit better to transfer back and forth ?

[@chrispalmer24]

The compounding will be the same across both just the numbers will be smaller

[@hannareilly9455]

I watched your video and signed up but then realised I forgot to use the link! Can I sign up using the link with a different email address as I haven't yet invested or loaded any cash etc?

[@chrispalmer24]

Hey Hanna, yeah you should be able to! :)

[@hannareilly9455]

Thank you Chris! 😊

[@jayfoolchand7048]

Great video as always. In the new Flexible ISA status, the remaining allowance number is now calculated to add on any withdrawals, which I find misleading and risky especially in certain scenarios it can show above £20k as the allowance. T212 doesn’t do this as a Flex ISA. Any thoughts?

[@AKAMustang]

Curious if you've looked into Prosper yet, 0% platform fees and 0% fund fees.

[@chrispalmer24]

Looks interesting! I haven’t had a proper look yet. Seems quite early days for them but could be interesting for sure. Difficult market to compete in now for sure!

[@mistercutts]

I did weekly investments with IE a few months ago then turned it off. Now following the same route IE is only allowing monthly investments. Am I missing the route to doing it weekly or more often than monthly? T212 offers daily (which has its issues as it covers weekends), weekly and monthly and also enacts every transaction almost immediately which I also like. So I started more with IE and now moving more into T212

[@chrispalmer24]

Monthly is pretty normal to be honest :) I wouldn't worry too much, can do it weekly if you like but I'd likely just do monthly

[@Ben-fz6tx]

What ETF do you have Chris?

[@chrispalmer24]

VHVG, VFEG are my main two :) I've a video about it on the channel and a portfolio update coming soon

[@macc_mark]

I'd love to transfer my SIPP from HL to Invest Engine, but as you state, it's not possible right now. Will this be happening soon, and if not, who else would you recommend with a wide range of funds but lower charges than HL?

[@macc_mark]

Also, HL allows you to go into Xray mode in your portfolio to see your top investments, regions etc., but you have to view your portfolio on a desktop rather than in the app.

[@chrispalmer24]

It should be in quarter 1 so I'm waiting for it (I could now technically since I'm with Vanguard). HL should be coming soon. HL fees aren't too bad I think with regular investing if you invest in that way. I'd maybe hold fire for now. There's Trading212 if you trade a lot of stocks otherwise.

[@EmuMan44]

What about partial transfers, please always address this

[@chrispalmer24]

I haven't had any details on that as such yet, but I'll let you know when I do!

[@EmuMan44]

​@@chrispalmer24 Thanks. Its so key as if we want to avoid assets being sold (and avoid fees/FX/etc ) we need to only transfer the assets that the new platform can offer.

[@LawrenceTimme]

You say that them being big and regulated makes them safe, yet lets face it, in 2008 we found out that no matter how big or regulated these platforms are you can still get screwed over.

[@naveenmessi2705]

Thanks Got a SIPP with Investengine too after your video. Any idea what happens to my pension pot via SIPP if I left the UK? Lets say in 5-10years time of regular investing later Thanks

[@chrispalmer24]

Great Naveen! I believe you can opt to keep your pension in the UK or transfer it. I know a few years back countries like Portugal were offering big incentives and citizenship etc if you moved your pension I believe a lot will still do it or offer something similar. I do wonder what will happen about an “exit tax” on the future if they do introduce one though 🤔 think there’s a lot of pros and cons to weigh up. Where were you thinking of going?

[@naveenmessi2705]

@ Possibly the middle east- Dubai. Thanks, will look into it properly:)

[@Definetly_not_a_BOT]

Planning to expat? - Invest Engine told me that I would have to close the SIPP if I become non-UK resident. It is not the case for other providers.

[@chrispalmer24]

That’s interesting! I’d definitely use these for accumulation and switch if you needed other features, for example my dad needs drawdown so I’ve set him up on interactive investor

[@Felikios]

How is invest engine able to autosave while Trading 212 does not? What about the pies? Is it not more flexible then?

[@chrispalmer24]

Both are flexible ISAS, you can autosave on both :) I prefer how IE does autosave than Trading212's pies. To be honest, I think IE is better for ETFs and 212 better for stocks.

[@kieron8051]

What happened to the deep dive look at your portfolio you promised!

[@chrispalmer24]

Should be live within the next week (46 minutes long so it’s taken me forever to edit 😂) I’ve also been working on my longest video yet which is 1 hour 15 so I’ve been pretty full steam ahead over Christmas

[@Tinahjemusic]

The trustpilot reviews on withdrawals on all these platforms are not looking good lately, even for the most reputable names.

[@chrispalmer24]

Hey Tinah, that's interesting, in what sense? I'll have to check that out - to be honest, I don't really take money out short term. I've only withdrawn from my ISA once in 15 years lol

[@Tinahjemusic]

@@chrispalmer24 Maybe do a test run on all your platforms . I want to be wrong.

[@clarkeysam]

I opened an Invest Engine S&S ISA last year. I was pleasantly surprised how good it is compared with providers I've used in the past. I then opened a Trading 212 S&S ISA this month. IMO IE is significantly better and easier to use than T212.

[@chrispalmer24]

I agree! I've never felt 212 is fully there UI wise, but I do like it for stocks :)

[@iangreenstreet1407]

Thank you for the video Chris - I am with both IE & T212 - and they are both great but can be limited. So opened a SIPP on IE but as you have pointed out you can’t transfer in so no good for me. Also can’t drawdown so would have to move it at a future date regardless. On T212 been trying to transfer shares in using their new function- over a month and nothing has happened.

[@chrispalmer24]

Yeah I would move for Drawdown if it was for now - I'd use Interactive Investor most likely, frustratingly they all have some kind of limit it's just a case of which limit do you settle for