Wealthtime Classic
It’s time for a more personal touch
Powered by proprietary technology
The Wealthtime Classic platform has been developed over many years by our in-house IT team, who each have pension and investment administration experience. We work in collaboration with our users so we can gain a deeper understanding of your business needs and because the technology is entirely our own, we can adapt quickly to changes in market demands and regulations.
Our whole ethos starts with partnership. Meaning we will always work with you, while making sure your business is our top priority. This has been our way of doing business since we started in 2009 and it’s how we’ll continue to help you deliver the very best advice going forward.
We’re also ranked among the best in the market for customer service, achieving a +60 net promoter score.
Accounts
All our products give you access to a wide range of funds. You can take advantage of family wrap pricing, flexible adviser charge options and various payment options that can be started, reduced or stopped at any time.
Transfer pensions in specie or in cash to our Wealthtime SIPP with no additional charges and set regular income withdrawals to be paid monthly, quarterly, half-yearly or yearly.
Use our Wealthtime ISA to withdraw or replace money without it counting towards your clients’ annual allowance.
Set withdrawals to be paid on a date that suits you, plus use our Wealthtime ISA to pay for other products within the Wealthtime Classic Wrap.
When your client has used up their annual allowance, you can transfer existing portfolios in cash or in specie to our GIA with no additional charges.
Your clients can also register in single or joint names, and hold multiple accounts.
Hold investments within the Offshore Bond option from Canada Life International (Isle of Man) and Utmost Wealth.
Features
All product wrappers held on the Wealthtime Classic platform have a product bank account facility linked to them. This enables your clients to retain a portion of their portfolio in cash, allowing them ready access to their funds when they need it.
Any cash held within the product bank account facility will accrue interest. The interest rate paid to clients is informed by the rate earned on the Barclays account in which we hold client money. The rate is reviewed every quarter.
Wealthtime Classic does not retain any of the interest.
The rate is shown below.
| Period | Rate paid to investor |
| 19 Jan 23 – 8 Mar 23 | 1.55%* |
| 9 Mar 23 – 26 Apr 23 | 1.70%* |
| 27 Apr 23 – 10 Aug 23 | 1.80%* |
| 11 Aug 23 – 31 Dec 23 | 3.25%* |
| 1 Jan 24 – 29 Feb 24 | 3.25%* |
| 1 Mar 24 – current day | 3.5% |
*Please note, prior to 1 March 2024, Wealthtime Classic retained the first 0.25% of interest.
Interest will be payable quarterly in arrears on the first Monday of December, March, June and September for the previous quarter, unless the first falls on a Monday and then it’s the eighth.
Liability to tax on interest is dependent on the product wrapper involved. Please consult the Wealthtime Classic Terms and Conditions for more information.
Platform enhancements
‘Buy into model’ buttons: We’ve added a brand new feature to the Wealthtime Classic Platform. It’s a quicker and easier way to invest money into a client’s model, or current investment strategy, without the need to perform a full rebalance and it’s available for you to use on the platform from today.
Upgraded ex-post reporting: To meet MiFIDII ex-post costs and charges requirements, we produce annual reports for your clients in quarter four, covering the period ending in quarter three. While we will continue to produce these annual statements in quarter four as usual, we have enhanced our system to allow us to also generate ex-post statements on an ad hoc basis. View our announcement here.
Call our team today
Whether you're looking to start using our service, or simply have a question for us, we're just a phone call or email away. Lines are open 9am to 5pm Monday to Friday. To help us improve our service, we may record or monitor calls.
For Wealthtime platform queries, call
0345 680 8000
For Wealthtime Classic platform queries, call
03330 417 010