Digital bank Starling adds robo-adviser Nutmeg to its Marketplace
Nutmeg, by recent reports the UK’s largest digital wealth manager, has been in the FinTech game much longer than most. Founded almost 10 years ago, the team has a wealth of experience when it comes to managing stocks, general investment accounts, pensions, shares ISAs, Lifetime ISAs, and even Junior ISAs at thechildrensisa.com.
Now that Nutmeg is part of the Starling Marketplace, where customers can link their banking app to third-party products and services, you can connect to Nutmeg from the Starling app. Once connected, you’ll be able to check the balance of your investment or pension whenever you open the Starling Marketplace. If you don’t already have an account with Nutmeg, you can sign up through the Starling Marketplace. Nutmeg is available to Starling customers with a personal account or sole trader account.
What does Nutmeg offer?
Nutmeg offers stocks and shares investment accounts as well as personal pensions, with a range of portfolio styles. Remember that, as with all investments, capital is at risk.
Pensions: Fixed allocation (investment portfolios designed to perform without ongoing management), fully managed and socially responsible pension portfolios. Minimum investment of £500.
Investments: Nutmeg has four main investment styles – Fixed allocation, fully managed, socially responsible and Smart Alpha portfolios powered by J.P. Morgan Asset Management. These can be across stocks and shares ISAs, Lifetime ISAs, Junior ISAs and general investment accounts. Minimum deposit for ISA and GIA of £500, Lifetime ISA and Junior ISA of £100.
