How do I set up Auto Invest with NuWealth?

Open the NuWealth app and make sure you have a NuWealth Standard GIA, ISA or JISA selected. 

If you already have the asset in your watchlist or portfolio:

1. From the Homepage, tap Portfolio
2. Tap Auto Invest
3. Scroll down to 'My Auto Investments' and use the + or - buttons to control how much you want to invest in each fund or stock
4. Tap 'Confirm Changes' (you may need to set up a Direct Debit mandate first if you haven’t done so before).

If you’d like to create an Auto Invest for an asset that you’ve never invested in before (please note, this method will add to your total monthly Direct Debit amount):

1. Head to the Invest tab
2. Click the investment
3. Enter the amount you want to invest
4. Choose “Monthly” instead of “One-off”
5. Click “Review Buy” 
6. Confirm 

If you have a Direct Debit set up, and you place a monthly buy through the 'Invest' tab, it will add to your overall Auto Deposit amount (e.g. if you already have a £100 Auto Invest set up, then add £20 to a stock or fund via the 'Invest' tab, the overall value of your Auto Deposit will increase to £120). 

Also, if you remove a monthly investment, the overall Auto Deposit value will stay the same, however, the money will be debited into your NuWealth cash account rather than an asset. 

You can make changes at any time, but here’s how the timing works:

• To apply changes for the upcoming collection, make sure to submit them at least 10 working days before the scheduled collection date.
• Changes made after this deadline will usually take effect from the following month.

Important to know:

Money collected for your Direct Debit is held in a secure client segregated monies account with Seccl’s partner bank, Lloyds, and is protected by the Direct Debit Guarantee and are held fully in accordance with safeguarding provisions.

Direct Debit payments are not made on weekends or bank holidays. If your payment date falls on one of these days, it will be processed on the next working day. Your deposit will settle in the app on the next working day after collection.