Sipp autoinvest

đŸ„§ Pies & AutoInvest
1

Feature Request: “Invest All Available Cash” option for SIPP AutoInvest

The SIPP is a set-and-forget pension product, but AutoInvest only accepts fixed amounts — making full automation impossible.

The issue is unique to SIPPs: HMRC tax relief arrives every 6 weeks in unpredictable amounts. AutoInvest simply skips if cash is below the set amount (confirmed — the £10,000 high amount workaround doesn’t work either).

A simple “Invest all available free funds” toggle would fix this completely and make the T212 SIPP truly hands-off as it should be. Please prioritise this for SIPP users! :folded_hands:

2

This sounds like a great idea.

Unfortunately, Trading212 has just gone in the opposite direction by removing the “AutoInvest from Free Funds” option.

Now when setting up an AutoInvest, you have to provide an external payment method.
Once that’s been set up, you can select “from available cash” as your primary payment method, but if that fails, it will then go draw from your external payment method.

Kind of the opposite of the very good idea that you’ve suggested, sadly.

3

This “Invest Available Cash” option suggested here makes a lot of sense.

Once upon a time, there used to be a Mandate (Direct Debit/Standing Order/Bill Payment) known as a ‘Sweep’.

It essentially was an inverse Standing Order, where you set the amount you wanted to remain in the source account, and anything above that amount would be sent where the mandate was directed.

I have no idea why the Banking System as a whole discarded this mandate type.

Definitely would be ideal for a SIPP, given that the time it takes for the Government Contribution to land can be so variable!

4

This was one of the reasons I moved my SIPP to T212, I thought it would auto invest all available cash into the pie, such as when the government contributions land in the account. So are we supposed to deal with them manually?

5

Coming from InvestEngine, this is one area where their system excels. On InvestEngine, AutoInvest checks daily at 12:00 PM for any uninvested cash in your portfolio—whether from a bank top-up, dividend, or HMRC SIPP tax relief—and automatically sweeps and invests it into your target ETF weightings without needing fixed target amounts or charging a bank card.

Having a true ‘sweep’ or ‘invest available cash’ mode on T212 Pies would solve the issue of variable tax relief payments sitting idle, without forcing users into fixed-amount AutoInvest rules.

6

Thank you for this information - I’ve set up a SIPP with InvestEngine now because you’ve told me about this feature.

I have only done this because Trading212 removed the ability to AutoInvest from Free Funds unless users set up an External Payment Method.

InvestEngine’s method of AutoInvesting orders by checking for Available Cash daily, and sweeping it into your Portfolio allocations, is clearly a much better way to operate!