Transfer considerations. Transfers should only be considered for pensions which do not offer any guaranteed or safeguarded benefits - not final salary or defined benefit schemes or pensions that offer particular annuity rates and other promises. You should ensure that by transferring you are not incurring unnecessary penalties, losing any benefits or features, and have considered any increase in pension charges.
You can easily transfer funds, shares and many other investments held outside of a pension or ISA into our Investment Account.
Frequently asked questions
Which types of investments can I transfer to Bestinvest?
You can transfer funds, ETFs, investment trusts and most UK-listed shares to Bestinvest.
Can I transfer my investments into an ISA or SIPP?
Yes, you can transfer existing SIPPs and ISAs into our ISA and SIPP accounts. If your investments are held in other accounts, you can transfer them using a Bed & ISA or Bed & SIPP transaction:
• A Bed & ISA transaction allows you to sell existing investments held outside an ISA and use the proceeds to open or top up an ISA account. You can then choose to buy the same investment back, choose another investment instead, or simply hold the cash within your ISA account.
• A Bed & SIPP lets you top up your pension by using your existing investments as SIPP contributions. You sell your investments and use the proceeds to open or top up your SIPP account. Then, you can buy the same investments back, select different ones or simply leave the cash in your account for future investing.
How long does it take to transfer funds and shares?
It takes 2-6 weeks depending on your provider and the assets you hold.
