Transfer your pension to a Fidelity SIPP (Self-Invested Personal Pension) and take the hassle out of managing your retirement savings. As an added bonus we’ll pay you £100 to £1,000 cashback on the investments you move to us. Exclusions and terms and conditions apply.
If your current provider imposes exit fees on your investments with them, we’ll reimburse you up to a total of £500. Terms and conditions apply.
Tell us if you're a new customer or an existing Fidelity SIPP customer
|Decide how you want to transfer your pension funds; transfer as cash and select new investment funds or transfer and keep your current fund choice.|
|Complete our straightforward online application form to transfer your pension securely.|
It’s important to understand that transfers are a complex area and may not be suitable for everyone. Before going ahead with a pension transfer we strongly recommend that you undertake a full comparison of the charges, features and services offered. To find out what else you should consider before transferring, please view the transfer factsheet.If you are in any doubt whether or not a pension transfer is suitable for your circumstances we strongly suggest that you seek advice from an authorised financial adviser. Please remember, the value of investments can go down as well as up so you may not get back the amount you originally invest. You cannot normally access money invested in a SIPP until the age of 55.
|Easy access - A single statement showing all your investments in one place making your pension pots more manageable.|
|Low cost - We won't charge you to transfer your pension to us. In fact, we'll also pay up to £500 towards any exit fees from your current provider. Terms & Exclusions apply.|
|Track your investments - Our desktop site is simple to use and available 24/7 to help you keep track of your activities and monitor your investments.|
|Wide investment options - Choose from our wide range of funds, or use our expert tools to guide you to the perfect blend of investments.|
|Dedicated customer service - Available six days a week for information, support or guidance - our UK call centre is here to help you get the most out of your investments.|
The following pensions can be transferred as long as you have received financial advice and a recommendation to transfer from Fidelity's Retirement Service or your own adviser.
For more information about which pensions you must take advice before you transfer, view the transfer factsheet.
1. If your existing pension provider has signed up to an industry accepted paperless transfer service your transfer should be completed in about 10 business days. If not, the transfer could take between 8-10 weeks but could be longer as the process is reliant on prompt action by your existing providers whose time frames can be variable.
Yes. Just log in and click on ‘Your orders’ located in the top right-hand corner of the page.
The list of orders will show the status of each transfer request. For example, you can see if we’re waiting for the company you’re leaving to send us information or a payment.
The first update will appear a day or two after you submit your transfer request.
We will not charge you for transferring your pensions to us. If your existing provider charges you for transferring, we'll contribute towards this. Terms & Exclusions apply
There are some costs involved with SIPP management which you need to consider. You can find out more on the discounts and charges page.
You may be able to keep your existing fund choices when you transfer in your plan (known as re-registration).
The minimum transfer is £50,000 from one or more pension accounts. If the funds you hold in your existing pension are available in our fund supermarket and your existing pension provider supports the re-registration process, we may be able to move your pension into the same funds.
When this is not possible, your funds will be sold and the cash balance transferred to your SIPP Cash Account.
You can then re-invest this money in new funds when you are ready.
You would need the following:
It's also worth noting the following:
*The minimum to transfer your pension in cash is £10,000. If you are transferring your existing pension funds, the minimum is £50,000. This can be from one or more pension accounts.
The maximum cashback we’ll pay is £1,000 but not all customers will receive this amount. The actual cashback you’ll receive is dependent on the total value of your transfer. The minimum amount you must transfer to be eligible for cashback is £50,000. If you move your assets to another provider within 18 months of completing your transfer, Fidelity reserves the right to reclaim any payments which were made to you as part of this offer. Assets held in an existing Fidelity pension, including the Fidelity Personal Pension provided by Standard Life, the EBS SIPP and any defined contribution pension scheme held through Fidelity are not eligible for the cashback offer. This offer is valid for qualifying applications received between 17 March 2017 and midnight on 9 June 2017.