I’m new to investing and didn’t have a clue about any of this until recently so this may be a daft question…
I have opened a SIPP on the Interactive Investment platform and transferred my previous pension into it. I want to invest it in the Vanguard Lifestrategy 80 tracker fund - I assumed there would be a way to set up a regular contribution into the SIPP that would automatically be added to the amount already invested in the Vanguard fund but it seems it just goes into the SIPP and I then have to manually ‘purchase’ units each time to add it to the total invested in Vanguard - is this correct?
Apologies if this makes no sense!