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Self-Invested Personal Pension (SIPP)

Important information - the value of investments can go down as well as up so you may not get back what you invest. Eligibility to invest in a SIPP depends on personal circumstances and all tax rules may change. You can't normally access money in a SIPP until age 55. It’s important to understand that pension transfers are a complex area and may not be suitable for everyone.

Keeping track of your retirement planning and savings can be a challenge. We can help make it easier by consolidating your pensions.

It’s easy in today’s job-hopping workforce to build up numerous pension pots with different employers. Bringing your pensions together in a flexible Self-Invested Personal Pension (SIPP) can help you to take control of your retirement savings.

Bringing your pensions together in one place can make it easier to manage and keep track of your retirement savings, helping you to plan ahead more effectively - and it could be cheaper, with lower service fees than you're currently paying.

If you are already withdrawing money from a pension, that doesn't mean you are locked into that provider. Find out more about transferring a pension in drawdown. If you decide to transfer a pension that’s already in drawdown to us please contact Fidelity’s Retirement Service to start the process.

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.

To find out what else you should consider before transferring, please read our pension 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.

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Transfer online

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

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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 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.


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. If you transfer investments that are not supported by Fidelity, they will be sold and moved to us as cash, which means that you will be out of the market until you choose new investments. 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 8 to 10 weeks but could be longer as the process is reliant on prompt action by your existing providers whose time frames can be variable.

The value of investments can fall as well as rise, so you may get back less than you invest. This information is not a personal recommendation for any particular product, service or course of action. 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.

Remember, you won’t normally be able to access money invested in a SIPP until the age of 55.

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?

Why choose Fidelity

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All your investments in one secure place

One login, one online statement, one number to call — and one simple fee.

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Value for money

Our typical service fee is 0.35%, but by bringing your investments together you could qualify for our Wealth service, one of the benefits of which is a 0.2% service fee.

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No exit fees

We don't charge exit fees if you wish to transfer out of Fidelity. For transfers in however, we will cover any exit fees your current provider may charge, up to a total of £500 per person. T&Cs apply*

*£500 back on exit fees, terms and conditions

A guide to moving investments

Find out more about moving your investments to Fidelity with our handy PDF guide.

Read the moving investments guide
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This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to an authorised financial adviser.