Simple retirement wrapper/portfolio for US persons living in the UK. Consolidate UK pensions. Invest globally without unnecessary US tax reporting hurdles.
Building a pension can feel unnecessarily complicated. You want the UK tax advantages of a pension wrapper, but you also need investments
Edale helps you keep retirement saving simple: a straightforward pension setup, paired with investment strategies designed to be suitable for US persons — including globally diversified direct equity (for those worried about PFIC inside a pension) and our ready-made EasyPortfolios.
One place to save for retirement with clear online visibility
A great philosophy: keep it understandable and cost-effective, without sacrificing the essentials.
What’s provided:
- Online account with clear visibility of balances and transactions.
- Contributions regular or ad hoc, and/or transfers from previous UK pensions.
- Retirement options available (when applicable based on access rules).
- Keep things simple — and keep costs sensible.
How do we open our simple pension accounts
1) Discovery
We complete a fact-finding, investigation and . We have paperwork we’ll ask you to complete, but first, we want to understand:
- Your goals and timeline
- The key facts around your residency and tax status.
- Your existing pensions in the UK (if applicable).
- How do you think you’ll access your money in retirement?
We keep it simple — but getting this part right helps us tailor your experience.
2) Pick a portfolio
Our portfolios are built around two core needs: investors who want ready-made global portfolios, and investors who prefer greater transparency in a “built-to-order” solution. For most clients, it’s an easy decision: do you simply want to pick a risk level and let us do the rest (EasyPortfolios), or do you prefer more transparency into the portfolio contents. Portfolios are reviewed annually but not rebuilt constantly.
3) Setup + funding
You tell us you want to open an account and fund it. We help set up the pension wrapper, verify your identity, and send you guides on how to fund the account (by payroll deduction, direct payments, or transfers from old pensions).
Funding may be an ongoing process, too — many clients transfer any existing pensions they have before making regular contributions into their new Edale account.
4) Monitoring and management
You’ve invested your hard-earned cash. We monitor and manage on your behalf. That means:
- Keeping your asset allocation aligned with your goals.
- Rebalancing when markets move.
- Easing your oversight — so you can focus on the important things.
- Reporting
Not all Edale clients will need us to provide US tax support. But many do (and will continue to for the foreseeable future).
That support helps clients understand and access key information they’ll need to report on their investments or accounts (e.g., realising gains, dividends received, foreign stock transactions). We don’t prepare tax returns. But for US investors with reporting obligations, we aim to make the evidence easier to compile.
Costs and charges
Investing for retirement shouldn’t cost you a fortune. But “cheap” doesn’t always mean better. Transparent pricing, with sensible charging for what you actually use — and clear explanations of any additional pieces that apply to your investments.
This style of pension tends to suit you if you:
- are a US citizen/Green Card holder/US tax filer living in the UK,
- want a UK pension wrapper without investment complexity,
- prefer a globally diversified strategy that can be designed with US tax constraints in mind,
- want a solution that’s practical, whether you stay in the UK or move again later.