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as of 24/02/2021 at 5:24 pm
evestor is for DIY investors who don’t need advice – customers have a relatively easy digital journey which will allocate them into one of three ‘ready made’ investment portfolios for pensions. Costs are relatively low and you can get going from just £1. It is not the most obvious choice for pensions once in retirement but a low-cost option for those saving up.
We score each provider on about 20 different criteria including cost, service, website, functionality, customer feedback and our experience of the service. All overseen by our PhD gonk!
Beginner Investor
Low cost
Good on mobile
Simple investment choice
Don’t want to take our word for it? We ask existing customers and investors to rate their experience with the company – based on value for money, overall service and the website. We need at least 20 customer reviews before we add anyone to our Best Buys list.
Based on 8 reviews
Stocks and Shares ISA
Investment Account
Pension
Robo advice / ready-made portfolios
evestor do not currently offer drawdown services, so those looking to access their pension in the near future would need to transfer it to a different provider.
evestor is a simple robo-adviser that offers a selection of three risk portfolios; low, medium and high. You’re not able to pick and choose your own funds and company shares – it’s all managed for you.
Charges are very cheap at 0.49% per year, including management and investments. And you can invest from as little as £1.
The website and app are also a bit more novice-friendly than most, so more suitable for the less experienced (and those that want someone else to do the leg work for them). If you’re interested in low cost advice, it might be worth having a look at their sister firm OpenMoney.
Provider Size: | New robo-adviser |
Minimum amounts: | £1 minimum investment |