Investment wrappers

Rainy-day pot

Investment wrappers

Raindrop is developing a rainy-day pot which is modelled on the ‘sidecar’ savings structure (also read about NEST’s sidecar savings trial here).

The sidecar structure works by having contributions split between regular pension contributions and an emergency savings account; once this savings account is ‘topped up’ to a pre-determined cap level all further contributions are automatically funnelled to the pension pot.

Customers can withdraw from the rainy-day pot/sidecar at any point; when this happens, further contributions are again split between the pension pot and the savings account until the cap on the savings account is reached once again.

We’ll never leave you high and dry

Our customer support team is rated "Excellent" and is always on hand to help you during the setup process and once you have your new pension. There are 3 ways you can contact us:
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Log in to our website and chat to us

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Email us on support@myraindrop.co.uk

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Call us on 02039517253