Home > Self Select Portfolio > About Self Select Portfolio > Important information > Transfer to us
banners 06

Self Select Portfolio

Transfer to us

 

 

Our transfer process is as follows:

Nominee, ISA, Junior ISA or CTF:

Once you have completed the transfer form, please sign and send it to the address below. We will take care of the rest.

James Brearley & Sons Ltd
PO Box 34
Walpole House
Unit 2, Burton Road
Blackpool
FY4 4WX

Pensions:

Once you have completed the transfer form or discharge form available from your existing pension provider, please sign and send it to the address below. We will take care of the rest.

Carey Pensions UK LLP
1st Floor, Lakeside House
Shirwell Crescent, Furzton Lake
Milton Keynes
MK4 1GA

Should you need any help, please contact us on 0208 945 3786.

 

Our transfer process is as follows:

Nominee, ISA, Junior ISA or CTF:

Once you have completed the transfer form, please sign and send it to the address below. We will take care of the rest.

James Brearley & Sons Ltd
PO Box 34
Walpole House
Unit 2, Burton Road
Blackpool
FY4 4WX

Pensions:

Once you have completed the transfer form or discharge form available from your existing pension provider, please sign and send it to the address below. We will take care of the rest.

Carey Pensions UK LLP
1st Floor, Lakeside House
Shirwell Crescent, Furzton Lake
Milton Keynes
MK4 1GA

Should you need any help, please contact us on 0208 945 3786.

 

Why transfer to Simply Ethical

By transferring to us you could benefit from:

  • Access to a wide range of Ethical and Sharia compliant investments, inlcluding investment funds, ETFs and UK shares.
  • Being able to keep track of and manage more of your investment and pension savings in one place, through our 24/7 online service.
  • Great service and competitive charges

Important information:

  • Your current provider may impose exit charges and other costs associated with the transfer and you should assess the total charges you would incur prior to instructing any transfer.
  • Some providers may only allow you to transfer your ISA in the form of cash and you should ascertain whether this would apply, as you may suffer losses as a result of buying back the investments sold.
  • Transfers between providers may take several weeks to complete and you may be unable to deal for a period while the transfer is pending.
  • You should be aware that there is potential for a loss of income or growth following changes in market conditions while the transfer is being completed.
  • The minimum amount that can be transferred into any account with us is £1,000. There is no maximum transfer amount.
  • For Self Select Investing and Self Select Portfolio service, we only accept transfer in the form of cash.
  • We will use the information you provide to perform anti-money laundering and fraud checks. In some circumstances we may need additional information from you.

 

 

How long will the transfer take?

The process normally takes up to 30 days but can take up to 6 weeks, depending on your current provider.

Can I transfer existing investments that I hold into the Investment Account?

In general, we only accept cash transfers. However, at our discretion we may accept in-specie transfer. However, only investments deemed as ethical according to our set criteria can be held in our accounts. Please contact us for further information.

Can I transfer ISAs held with other providers to Simply Ethical ISA?

You can transfer:

  • Your current year ISA subscriptions (and any related income) and/or
  • All or part of ISA subscriptions made in previous tax years (and any related income)

If your ISA contains current year subscriptions only, the entire account must be transferred. Existing ISAs can be transferred to either a Cash or Stocks and Shares ISA.

If you are transferring current tax year subscriptions from your Cash ISA to Simply Ethical Stocks and Shares ISA, they will be treated for all ISA purposes as if they had been made to your Simply Ethical Stocks and Shares ISA. This means that you will be regarded as never having subscribed to the Cash ISA and, subject to the overall ISA subscription limit, you can still subscribe to a Cash ISA later in the current year with another ISA manager, without breaching the ‘one-ISA-of-each-type-a year’ rule.

Can I transfer my Simply Ethical ISA to another ISA provider?

Yes, we will require a completed transfer authority form from your new ISA provider. We can make the transfer by cash or we can transfer your investment holdings direct to your provider without selling them. However, the way in which we transfer will be determined by your new ISA provider’s terms and conditions. Note that there may be transfer out charges. Please see our menu of charges.

Can I transfer a CTF to a Junior ISA?

Yes, from 6 April 2015 those with a Child Trust Fund (CTF) may transfer to a Junior ISA. This must be the whole amount as partial transfers are not allowed. Any such transfer will not count towards the child’s Junior ISA allowance.

Can I transfer Junior ISAs held with other providers to Simply Ethical Junior ISA?

You can transfer:

  • Your current year JISA subscriptions (and any related income) and/or
  • All or part of JISA subscriptions made in previous tax years (and any related income)

If your JISA contains current year subscriptions only, the entire account must be transferred. Existing JISAs can be transferred to either a Cash or Stocks and Shares JISA. The child is limited to holding only one of each type of JISA at any one time.

What types of pension can I transfer to Simply Ethical SIPP?

We accept transfers from most types of pensions, including:

  • Personal Pensions and SIPPs (from other providers) including those you are already taking an income from through capped or flexi-access drawdown
  • Pensions you’ve saved into at work, as long as they are Defined Contribution (also known as money purchase)
  • Retirement Annuity Contracts
  • Protected Rights pensions that you used to contract out of the Second State Pension
  • Additional Voluntary Contributions and Free Standing Additional Voluntary Contributions
  • Executive Pension Plans
  ...Stay connected