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Pensions are easier to control when they're all in one place

Important information - please keep in mind that the value of investments can go down as well as up, so you may get back less than you invest. Pension transfers are a complex area and may not be suitable for everyone. Eligibility to invest in a SIPP and tax treatment depends on personal circumstances and all tax rules may change in the future. You can't normally access money in a SIPP until age 55. Before going ahead with a pension transfer, we strongly recommend that you undertake a full comparison of the benefits, charges and features offered.

Bring your pensions together

If you’re finding it hard to keep track of your pensions, then now could be a good time to take control and bring them together into Fidelity’s award winning Self-Invested Personal Pension (SIPP).
 

  • Easy to see and manage your retirement savings in one place
  • One company to deal with, saving you time and hassle
  • Low cost, so you keep more of your money
  • Flexible income options at retirement, with no set-up or withdrawal fees.

Plus, if you transfer your pensions, ISAs or investment accounts to us by the 28 February 2022, you could receive up to £1,000 cashback ( terms and conditions apply).

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Learn more

A Self-Invested Personal Pension (SIPP) is a flexible, tax-efficient way to save for your retirement. Learn more about the benefits of bringing your pensions together in a SIPP.

View cashback offer

Get £20 to £1,000 cashback if you apply to transfer your investments by 28 February 2022. We’ll also cover up to £500 if your current providers charge exit fees. Exclusions and T&Cs apply.

Transfer now

If you’re ready to transfer your pensions, you can transfer online, download an application form or call 0800 368 1722 to request a form by post.

Why a Fidelity SIPP?

  • Wide investment choice  - funds, shares, investment trusts and ETFs, giving you more ways to meet your investment goals 
  • Simple, low cost pricing - we keep costs low so you keep more of your money
  • Support with decisions - online guidance, videos, planning calculators, easy to use investment selection tools and much more 
  • Additional benefits - if you invest over £250,000 with us, including an even lower fee and your own Relationship Manager.
  • Plus get £20 to £1,000 cashback if you apply to transfer your pensions (or other investments) by 28 February 2022. Exclusions, terms and conditions apply.
Transfer now
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Cashback offer

Receive £20 to £1,000 cashback dependent on how much you transfer.

Total transfer value Cashback
£10,000 - £24,999 £20
£25,000 - £49,999 £50
£50,000 - £99,999 £100
£100,000 - £149,999 £250
£150,000 - £399,999 £500
£400,000 - £499,999 £750
£500,000 or over £1,000

We'll also cover up to £500 if your current providers charges exit fees (T&Cs apply).

When will I receive my cashback?

Your cashback will be paid directly into your Cash Management Account within 90 days following the closure of the offer (28 February 2022). If your transfer hasn't completed by then, we will pay your cashback within 90 days after the completion of your last eligible transfer.

Cashback offer - terms and conditions

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 £10,000. If you move your assets to another provider within 18 months of completing your transfer, Fidelity reserves the right to recoup any payments which were made to you as part of this offer.

The offer is valid for qualifying applications received between 1 November 2021 and 28 February 2022.

Full terms and conditions

Our awards

We don't like to blow our own trumpet, but it's nice when someone else does. 
 

Apply to transfer

Before taking the next step, please read the following important information.

The value of investments can go down as well as up, so you may not get back what you originally invest.

It’s important to understand that pension 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 benefits, charges and features offered. Please read our pension transfer factsheet, the cashback T&Cs and exit fee T&Cs. You may also wish to download our guide to moving investments.

This information is not a personal recommendation for any particular product, service or course of action. If you are in any doubt about whether or not a pension transfer is suitable for your circumstances we strongly suggest that you seek advice from an authorised financial adviser.

You should read the differences between transferring your pension online and by post as it could have an impact on your investments.

If any of the following apply, you’ll need to speak to one of our retirement specialists before transferring your pension.

  • Your pension has any safeguarded benefits or guarantees.
  • You’ve taken all or part of your tax-free allowance or pensions commencement lump sum.
  • You’re already taking an income from your pension, known as drawdown.

Please note that if your pensions are moved to us as cash, you will be out of the market while your money is being transferred, so you could miss out on growth and income if the market rises during this time. See the steps involved in a pension cash transfer.

If you would like to keep the same investments that are in your existing pension (re-register) and they’re available on our platform, then you can do this but need to apply to transfer by post. If that specific version of the fund is not available on our platform, your current provider may be able to convert it to a version that we both support to facilitate the transfer in specie. If this is not possible, we will transfer the fund as cash, which means you'll be out of the market until you choose new ones. Our customer service team on 0800 368 1722 can provide you with more information and check if your existing investments are available on our platform. See the steps involved in a pension re-registration transfer.

Important notice: The Government is consulting on potential changes to the age when you can access your pension
The Government is proposing to increase the age you can access your pension from 55 to 57.
The proposal says that anything you‘ve saved in a pension as of 11 February 2021, you can still receive at age 55. However, if you transfer your pension elsewhere, you will have to wait until 57. Customers who will be 55 after 6th April 2028, and open a pension after the 11th February 2021, could have to wait until they are at least 57 before accessing their pension savings without incurring additional tax charges (unless they are taking their pension due to ill-health). This is still a proposal and it’s not yet certain if it will go ahead as outlined. You can read the proposal here.

Transfer my pensions

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Call us

If you’d like to discuss transferring a pension or would like us to send you an application form.

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Transfer online

To find out what you need to consider before you transfer, please read the factsheet.

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Transfer by post

Whether you already have a SIPP with Fidelity or not, download the relevant application form, fill it in and return it to the address on the form.

How long does a pension transfer take?

If you’re moving your pension to us as cash, most leading providers use an electronic system called Origo which means your pension can be transferred electronically within about 10 business days. If your provider doesn’t use Origo then your transfer will need to be processed manually and paperwork issued by post. This can take 8 to 10 weeks to complete, but does depend on the paperwork required to be sent between the two providers.

If you’re moving your pension to us and would like to keep the same investments that are in your existing pension (re-register), this can take up to 12 weeks, but can be quicker.

See the steps involved in a pension cash transfer.
See the steps involved in a pension re-registration transfer.

How to transfer your pension to Fidelity

How do I transfer my SIPP?
Can I transfer if I have taken retirement benefits from my pension?
How long does it take to transfer my pension?
Will you help pay my exit fees?
Is there a minimum transfer value?
What types of pension can I transfer?
Can I transfer a pension with guarantees to Fidelity?
What are safeguarded benefits?
What are ‘other benefits’?
What should I do if I still want to proceed with transferring my pension?