Investments and Pensions
Investments with an expert on hand
Choose your account and portfolio and get 1-to-1 support from a financial coach whenever you need it.
As with all investing, your capital is at risk. The value of your investments can go down as well as up and you may get back less than you invest.
An investment account with so much more
A coach (at no extra cost)
Talk to a financial coach whenever you have a money question. They’ll help you work out what to do next.
Financial coaching is not regulated by the Financial Conduct Authority (FCA). Coaches don’t provide regulated financial advice, recommend specific investments or assess your suitability to invest.
Portfolios managed for you
Your money goes into globally diversified portfolios, built and rebalanced by professionals. You don’t have to pick funds or watch the markets.
Free mortgage and protection advice
Expert advice on mortgages and protecting your family. Available at no extra cost to you.
Your initial session with a protection and mortgages adviser is an introductory conversation only and does not constitute regulated advice or a personal recommendation. We’re paid a commission by the insurance or mortgage provider you choose.
Some providers may charge their own arrangement fee and exit fees. We’ll always confirm this with you before you go ahead.
Discounted wills
Save on setting up a will through Octopus Legacy.
This digital will writing service is provided by Octopus Legacy Limited. Octopus Legacy Limited is a company registered in England and Wales (Company Number 11111047).
Choose from our 3 portfolios
Our portfolios are built by industry experts. We monitor and adjust them continually, so you don’t have to worry about daily market movements. Choose one of our portfolios below.
Cautious
You want stability and can accept smaller returns.
Balanced
You’re comfortable with some ups and downs if it means better long-term returns.
Adventurous
You won’t panic if your balance drops and you’re focused on maximising long-term growth.
Take us with you
Simple, transparent fees
You’ll pay between 0.58% and 0.60% a year, all in. We’ll confirm your exact cost before you invest.
Platform fee | 0.40% |
Portfolio management fee | 0.10% |
Fund charges | 0.08%-0.10% |
Total | 0.58%-0.60% |
Opening an account is free, with no hidden charges and no exit fees.
Our Stocks and Shares ISA is flexible, so money you pay back in the same tax year doesn’t count against your £20,000 tax-free allowance.
Value of your investments | £10,000 | £30,000 | £50,000 | £100,000 |
One yearly fee (taken monthly) | 0.58%-0.60% | 0.58%-0.60% | 0.58%-0.60% | 0.58%-0.60% |
What you’d pay per month | Up to £5.00 | Up to £15.00 | Up to £25.00 | Up to £50.00 |
Frequently Asked Questions
How much does it cost to invest with Octopus Money?
Around 0.60% a year, all in. That’s 0.40% for the platform, 0.10% for managing your portfolio and 0.08% to 0.10% for the funds you’re invested in.
On a £10,000 investment, that works out at about £5 a month.
Opening an account is free. So is topping up, switching funds, withdrawing money and closing your account, and there are no exit fees. We’ll confirm your exact cost before you invest, and fees come straight out of your investments, so there’s nothing to set up separately.
How much do I need to start investing?
£25. You can invest a one-off amount or set up a monthly payment, and opening an account is free.
Can anyone open an investment account?
You’ll need to be 18 or over, and a UK resident and taxpayer. We can’t open accounts for US citizens or dual US citizens.
Can I transfer an ISA or pensions I already have?
Yes. You can transfer a Stocks and Shares ISA you hold elsewhere, and you can bring old workplace and personal pensions together into one Personal Pension with us.
Transfers start from inside your account, so you’ll open your account first and then begin your transfer from there. ISA transfers should take around 4 weeks and Pension transfers 4 to 6 weeks, though many go through quicker. The timing depends on your old provider.
Before moving a pension, it’s worth checking what you’d be giving up. Some older pensions come with guarantees or protected benefits you’d lose by transferring, and some providers charge an exit fee. If your pension has safeguarded benefits, you may need regulated financial advice before you can transfer it.
Should I choose a Stocks and Shares ISA or a pension?
That depends on your own circumstances, and it’s your decision to make. Here’s how the two differ.
A pension gives you tax relief on what you pay in, so your contributions get topped up. Most people can pay in up to 100% of their earnings, with a maximum of £60,000 a year. You usually can’t take the money out until you’re 55, rising to 57 from April 2028.
A Stocks and Shares ISA doesn’t give you tax relief on the way in, but there’s no capital gains tax or income tax on your returns, and you can take your money out whenever you want. You can pay in up to £20,000 each tax year.
Plenty of people use both. If you’d like to talk it through, you can book a session with a financial coach, who can help you understand the differences, so you can decide for yourself. For a personal recommendation, you’d need regulated financial advice.
This is general information, not personal financial advice. Tax rules may change and depend on your circumstances. The £60,000 pension limit may be lower in some cases, and is currently £10,000 a year if you’ve started taking taxable pension income. The £20,000 ISA limit applies across all the ISAs you hold, with any provider.
Is your Stocks and Shares ISA flexible?
Yes. That means you can take money out and pay it back in during the same tax year without using up any more of your £20,000 allowance.
So if you paid in £20,000, took out £5,000 and then paid that £5,000 back before the end of the tax year, you’d still have used £20,000 of your allowance.
Remember the £20,000 limit applies across all the ISAs you hold, with any provider. We can only see what you have with us.
Can I speak to someone about my investments?
Yes, at no extra cost. Every account comes with 1-to-1 support from a financial coach. Book a session online and tell us what you’d like to cover. Sessions are held via video call and last 30 minutes. Once you’ve opened your account with us, you can book a session whenever you have a question.
Our money experts give guidance, not regulated financial advice. They won’t recommend a specific product or tell you whether an investment is suitable for you.
Do you give Financial Advice?
Our money experts give guidance, not regulated financial advice. They’ll help you understand your options and think through your plans, but they won’t recommend a particular product or assess whether an investment is suitable for you. That decision is always yours.
Regulated financial advice is only provided through our FCA-regulated financial advisers. If regulated financial advice may be appropriate for you, we’ll explain what that involves and how to access it separately. Read more about our Wealth Planning service here.