Transfer your pension
Start investing your pension your way, with powerful tools and low fees
With investing, your capital is at risk, and tax treatment depends on your personal circumstances, which may change. UK residents aged 18 – 75 only. Pension access is from age 55 (57 from 2028).
Transfer your pension to InvestEngine
We now accept transfers from most major pension providers. Here’s how to do it:
Set up an account with InvestEngine
Create Portfolio or Transfer › Transfer a pension
Select a provider to transfer from and enter your pension plan reference
Capital at risk. Before transferring, please consider whether moving your pension to InvestEngine is right for you. Your existing provider may need to sell your current investments before the transfer completes, meaning you could be out of the market for a period. You may also incur exit fees or lose guarantees or features that are only available with your current provider.
What fees and tax relief really mean for your pension (with James Beckett)
In this video, James Beckett breaks down how fees and tax relief can make a big difference to your pension pot over time. Whether you’re just getting started with a SIPP (Self‑Invested Personal Pension) or reviewing your current setup, this is a must‑watch to help you make informed decisions.
Aug 13, 2025
How does it work?
Open your InvestEngine account by clicking ‘Get Started’
Open your InvestEngine SIPP
From the home screen, select Transfer a pension
Fill out the form and submit
Leave it to us! We will contact your existing SIPP provider to begin you transfer.
Capital at risk. Full Ts & Cs apply
How we compare
2 InteractiveInvestor: £5.99 p/m up to £50,000 as part of the 'Pension Essentials' plan. £12.99 p/m after the threshold is met.
3 AJ Bell: Trading fees based 10 trades executed in the first month. Dealing charge decreases to £3.50 per trade in the following month, assuming 10 trades are placed.
4 Hargreaves Lansdown: Trading fees based on 10 trades executed in the first month. Dealing charge decreases to £8.95 per trade in the following month, assuming 10 trades are placed. No impact on 10 trades placed yearly.
The chart above compares the fees of platforms with a comparable investment solution to InvestEngine DIY, investing £1,666.67 into five UK ETFs per month for 10 years with 7% growth per annum. Fees as displayed on platform websites as at 01 October 2025. The displayed fees only include the costs charged by the respective platforms. They do not include any product fees such as ETF charges. Some platforms may have reduced fees depending on different volumes, funding sizes or subject to additional subscriptions. The information above is for illustrative purposes only and for up to date fees you should visit their respective websites. Remember that investments can go up and down in value, so you could get back less than you put in.
SIPPs FAQs
Can I transfer my pension into an InvestEngine SIPP?
Yes you can, we currently allow transfers from many of the largest UK defined contribution pension providers, including Hargreaves Lansdown, NEST, AVIVA and many more. If your pension provider is not on our current list, you can provide their details and we will investigate whether they can be added.
There are some transfers that we are not able to accept:
- any transfer from a drawdown product (i.e. a pension from which you have accessed benefits from);
- a transfer from a pension which has a pension sharing or earmarking order assigned to it (this relates to divorce proceedings);
- a transfer from a workplace pension that your employer is actively contributing to; or
- a transfer from a pension which has granted you a protected retirement age.
If you have any additional questions, don’t hesitate to contact us by emailing support@investengine.com
Do you support SIPP in-specie transfers?
Yes, you can transfer your SIPP to InvestEngine in‑specie!
An in‑specie transfer allows the investments you hold with your current provider to be moved as they are, without selling them. This ensures your investments remain in the market throughout the transfer process, so you won’t miss out on potential growth or market movements during this time.
In‑specie transfers are only possible for ETFs that are available on our platform. Any investments that we don’t currently support will need to be sold by your existing provider and their cash value will be transferred to InvestEngine.
To ensure a smooth in‑specie transfer, we recommend checking our ETF range in advance to confirm that your current holdings are compatible.
When you select your provider during our transfer process we will only display the option to transfer in‑specie where we know that the transferring pension could hold an ETF and that the provider allows in‑specie transfers.
If you have any additional questions, don’t hesitate to contact us by emailing support@investengine.com
How do I transfer my pension to my InvestEngine SIPP?
You can transfer your pension to InvestEngine by following a few simple steps.
If you don’t have an InvestEngine account, you can create one by following the steps here: How do I sign up? You must be a United Kingdom tax resident and provide your National Insurance Number to open a SIPP account.
Once your account is set up, or if you have an InvestEngine account already, you will need to press ‘Create portfolio or transfer’ on your dashboard and then select ‘Transfer a pension’.
If you have any additional questions, don’t hesitate to contact us by emailing support@investengine.com
How can I help my transfer to complete?
Once you ask us to transfer your pension to InvestEngine we will contact your current provider and request the transfer. This request will include sending your personal data to match against their records.
You should ensure that your personal details are correct and up to date with both InvestEngine and your current pension provider. This will prevent unnecessary delays.
If you have any additional questions, don’t hesitate to contact us by emailing support@investengine.com
How can I track my SIPP transfer?
Once you have placed your transfer request we will email you to confirm its receipt and when you log into your InvestEngine account you will see a ‘transfer in progress’ icon on the portfolio which the transfer will be paid to. If you initiate another transfer, you will see our transfer centre which shows all of your open transfers.
Our team is currently working on a progress bar for SIPP transfers, similar to our ISA progress bar. We understand how important this feature is and are actively working to introduce it in the near future.
On receipt of any cash payments or in‑specie transfers we will email you to confirm its receipt.
If you need further updates or assistance during the process, please don’t hesitate to contact us at support@investengine.com. We’re here to help and provide any information you need.
How long does it take to transfer a SIPP?
The timeframe for transferring a pension can vary based on several factors, making it difficult to provide an exact duration. However, here’s a general guide to what you can expect:
Cash Transfers: These typically take around 2 to 3 weeks to complete.
In‑Specie Transfers: These typically take around 4 to 6 weeks to complete.
The processing time is impacted by factors such as the complexity of the transfer, the type of assets involved and the efficiency of communication between the transferring providers. While we aim to complete the process as quickly as possible, delays can sometimes occur due to factors outside our control, such as your current provider’s processing times.
Some providers have additional steps where they require further information from you. This can often include a transfer questionnaire and if you are over the age of 50, you should receive additional information about your drawdown options. These processes will increase the transfer time so we recommend you contact your current provider to understand if they have these additional steps.
If you have any additional questions, don’t hesitate to contact us by emailing support@investengine.com
How long after my transfer completes with my provider, will it appear in my InvestEngine account?
Your current provider will send cash payments to the InvestEngine SIPPs Trustee bank account, which is controlled by Quai, the InvestEngine pension scheme administrator. Once this payment has been reconciled it will be forwarded to us and we will apply it to the portfolio you selected during the transfer request process. It takes approximately 3 to 5 days from your current provider releasing the payment to it arriving into your portfolio.
When we and your current provider agree to transfer an ETF, you will see an expectation transaction on your selected portfolio. Once the transfer settles (typically two days after the trade date) you will be able to trade those shares.
We will send you an email to confirm receipts of cash and asset transfers.
If you have any additional questions, don’t hesitate to contact us by emailing support@investengine.com
I’m currently expecting tax relief or a dividend payment into my existing pension, can I transfer?
Of course! Any residual dividend payments or tax relief you are still expecting in your current account will not affect the transfer process.
Once your current provider receives the payment, they will forward it to us. We will then apply it to your account as soon as we receive it. Please note that this process can take some time and we do not know that funds have been applied to your old pension. It can help if you could contact your old provider and ask them to move the residual balance to us.
If you have any additional questions, don’t hesitate to contact us by emailing support@investengine.com
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With investing, your capital is at risk, ETF costs apply.