Transfer to us

We do the heavy lifting when you move your portfolio to us

Transfer to us

Transferring to AJ Bell Youinvest is easy. You can open an account with us free of charge, and there are a wide range of investments for you to choose from.

  • Save money with low-cost online dealing from £1.50
  • Consolidate all your accounts in one place
  • Trust us – we are an award-winning provider

What account are you looking to transfer into?

SIPP

Transferring a pension isn’t nearly as daunting as it seems. You can easily transfer most types of UK pensions to us – including one you‘ve already begun drawing a pension from.

But before you transfer your pension, it’s important that you do the following:

  • Get in touch with your current pension provider – ask them to confirm your pension’s current value and to provide details of any guaranteed benefits you may lose by transferring
  • Contact the government’s Pension Wise service. It provides free and impartial guidance to help you understand what to do with your pension pot
  • Consider getting financial advice on transferring your pension. It will help you decide whether a SIPP is right for you

If you have a final salary pension you’ll need to seek advice from a suitably qualified financial adviser before you transfer it to us. Also consider seeking advice if you’re in ill health: there may be an Inheritance Tax liability if you don’t survive the pension transfer by two years.

Getting started

So you’ve decided that transferring to us is the best decision for you. How do you get started? It’s easy to open an AJ Bell Youinvest SIPP – you can do it online in under 10 minutes. During the process, you’ll be asked to provide details of the pension you are transferring, and will need to complete and post us a SIPP transfer form.

When we’ve received your form, we’ll contact your current pension provider to get the transfer started. You can expect to receive forms from your previous provider (sometimes referred to as discharge forms) which you’ll also need to complete to transfer your pension.

If you’ve already got a SIPP with us and wish to transfer in another pension, just log in to your account and choose ‘Transfers’ from the account menu.

Our transfers team will handle all the administration, and we’ll send you an email when the transfer has completed. It’s as simple as that!

Open a SIPP
Stocks and shares ISA

Our low-cost Stocks and shares ISA combines all the unique tax benefits of an ISA with a wide choice of investments, and a wealth of online research and tools.

Transferring your Stocks and shares ISA to us is easy and stress-free. You can choose to transfer cash or investments or a mixture of both. Transferring an existing ISA to us doesn’t affect the amount you can pay into the ISA.

Before you start your transfer, you’ll need to open an AJ Bell Youinvest stocks and shares ISA. It’s a simple online process that takes under 10 minutes. During the application process, you’ll be asked to provide details of the stocks and shares ISA you are transferring, and will need to complete and post us an ISA transfer form.

When we’ve received your form, we’ll contact your current ISA provider to get the transfer started.

If you’ve already got an ISA with us and wish to transfer in another ISA, just log in to your account and choose ‘Transfers’ from the account menu.

Our transfers team will handle all the administration, and we’ll send you an email when the transfer has completed. It’s as simple as that!

Open a Stocks and shares ISA

Lifetime ISA

Our Lifetime ISA (LISA) is a new way for younger investors to save for their first home or retirement. For every £4 you put in, the government adds £1 – up to a maximum bonus of £1,000 per year.

You can transfer a Help to Buy ISA into a Lifetime ISA as a full transfer, just the value as it was on 5 April 2017 or another amount.

If you transfer your whole Help to Buy ISA, including anything paid in this tax year, remember, the value from this tax year will count towards your payment limit into your LISA. So you’ll need to make sure you don’t exceed this limit.

If you transfer just the value of an existing Help to Buy ISA as it stood on 5 April 2017 to a Lifetime ISA – including any interest – as a single transfer it won't count towards your 2017/2018 Lifetime ISA allowance.

To transfer another amount, you'll need to let us know how the value is split: how much is from before 5 April 2017 and how much is from after. This will enable us to calculate how much counts towards your LISA payment limit for 2017/18.

If you transfer your Help to Buy ISA, the full value of it will qualify for the government bonus.

Find out more about transferring your Help to Buy ISA to a Lifetime ISA here.

Please be aware you can’t use both a Help to Buy ISA and Lifetime ISA to buy a house.

At the moment, we’re not able to transfer other types of ISA into our Lifetime ISA. We expect to offer this service later on in 2017.

Transferring your Help to Buy ISA to a Lifetime ISA with us is easy. As all Help to Buy ISAs are cash ISAs, the transfer should be quick and straightforward.

Before you start your transfer, you’ll need to open an AJ Bell Youinvest Lifetime ISA. It’s a simple online process that takes under 10 minutes.

During the application process, you’ll be asked to provide details of the Help to Buy ISA you are transferring, and will need to complete and post us a Help to Buy ISA transfer form.

When we’ve received your form, we’ll contact your current Help to Buy ISA manager to get the transfer started.

If you’ve already got an Lifetime ISA with us and wish to transfer in a Help to Buy ISA, just log in to your account and choose ‘Transfers’ from the account menu.

Our transfers team will handle all the administration, and we’ll send you an email when the transfer has completed. It’s as simple as that!

Open a Lifetime ISA
Dealing account

Our online Dealing account combines low costs with flexibility and control.

Transferring your Dealing account to us is easy and stress-free. You can choose to transfer cash or investments or a mixture of both.

Before you start your transfer, you’ll need to open an AJ Bell Youinvest Dealing account. It’s a simple online process that takes under 10 minutes. During the application process, you’ll be asked to provide details of the Dealing account you are transferring, and will need to complete and post us a Dealing account transfer form.

When we’ve received your form, we’ll contact your current provider to get the transfer started.

If you’ve already got a Dealing account with us and wish to transfer in another Dealing account, just log in to your account and choose ‘Transfers’ from the account menu.

Our transfers team will handle all the administration, and we’ll send you an email when the transfer has completed. It’s as simple as that!

Open a Dealing account
Junior ISA

Our low-cost Junior ISA is a tax-efficient way to save for your child’s future. It gives you access to the same wide range of investments as an adult ISA, and you can save regularly from £25 per month.

Transferring your child’s Junior ISA to us is easy and stress-free. You can choose to transfer cash or investments or a mixture of both. Transferring an existing Junior ISA to us doesn’t affect the amount you can pay into the Junior ISA.

Before you start your transfer, you’ll need to open an AJ Bell Youinvest Junior ISA. It’s a simple online process that takes under 10 minutes. During the application process, you’ll be asked to provide details of the Junior ISA you are transferring, and will need to complete and post us a Junior ISA transfer form.

When we’ve received your form, we’ll contact your current Junior ISA provider to get the transfer started.

From there, our transfers team will handle all the administration, and we’ll send you an email when the transfer has completed. It’s as simple as that!

Open a Junior ISA

Other types of accounts for children

  • Child trust fund – find out about CTF to Junior ISA transfers here
  • Junior SIPP – transfer a Junior SIPP by completing this transfer form
  • Dealing account (bare trust) – Dealing accounts for children are transferred using the same form as an adult Dealing account

How much does transferring cost?

You can open or set up an account with us free of charge. Keep in mind your existing provider may charge you for transferring your account, so check with them for details.

We’ll pay as much as £500 towards the cost of transferring from another provider if you transfer in over £20,000. Our transfer offer page has full details.

If you are transferring another pension into a SIPP, you should check whether you might be losing valuable benefits or guarantees. Transfer penalties, including market value adjustments or reductions, may be applied by your existing pension provider. This could result in a reduction in the value of your pension fund. You may also give up a guaranteed income if you transfer from a final salary pension.

How long does transferring take?

It may sound daunting and confusing, but transferring is actually quite simple.

Once we’ve received your paperwork, our transfers team will organise everything and let you know if there are any hiccups. How long a transfer takes depends on a few factors, including:

  • The type of account you are transferring (pensions can take a bit longer to transfer than ISA or Dealing accounts)
  • How quickly your previous provider responds to us
  • Whether all the transfer documentation has been correctly completed and sent to us or your current provider
  • Any outstanding fees or closure costs you might need to pay your existing provider

Our aim is to complete your transfer as quickly as possible, and we’ll work hard to ensure it goes smoothly. A transfer can be completed in 2 weeks, but in some cases it can take up to 12. To give you a better idea, here's how long each type of investment typically takes to transfer:

Type of investment Time taken to transfer
Cash only 2 weeks
Shares 4-6 weeks
Funds 6-8 weeks
International shares 10-12 weeks

If the account you’re transferring contains both cash and investments, your cash will be moved once the investments have been moved.

If you're transferring an ISA or Dealing account that has US or Canadian holdings, you'll also need to complete a form. For US holdings, it's a W-8BEN form. For Canadian holdings, it's a NR301 form. To avoid delays, please send the relevant form to us along with your transfer form.

If you have any questions once your transfer's in progress, our transfers team can be reached at transfers@youinvest.co.uk

Open an account and start your transfer today

More on SIPPs More on ISAs More on Dealing accounts

Find a new home for your investments and we'll pay you up to £500

When you transfer your SIPP, ISA or Dealing account to us we will help cover the costs your current provider charges for transferring your account.

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Find a new home for your investments and we'll pay you up to £500
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