Investing basics

All topics Investments Investing basics Are investment accounts discretionary managed?

Are investment accounts discretionary managed?

Moneybox investment accounts are not discretionary managed, but rather are self-directed investment accounts. This means that you have complete control over your investments, and when you invest, how much you invest, and in what allocation percentage, albeit limited to the funds to which we currently provide access (so there’s no advisory relationship or broker arrangement involved).

If your employer requires confirmation of this from us please get in touch with our Support team either via the in-app chat, or by emailing support@moneyboxapp.com and we can provide a letter that confirms the nature of your account.

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It's important you know

Capital at risk. All investing should be for the longer term. The value of your investments can go up and down, and you may get back less than you invest. Tax treatment depends on individual circumstances and may be subject to change in the future.

A 25% government penalty applies if you withdraw money from a Lifetime ISA for any reason other than buying your first home (up to £450,000) or for retirement, and you may get back less than you paid into your Lifetime ISA.

Your home may be repossessed if you do not keep up repayments on your mortgage.

Payments you make into your pension won’t be accessible until the minimum pension age (currently 55, increasing to age 57 from 2028). Tax treatment depends on individual circumstances and may be subject to change in the future.

For Business Saver: T&Cs apply. Max one withdrawal per day.

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