You can transfer funds held elsewhere to us. If the funds you hold elsewhere are available on our platform, your funds can simply be re-registered with us, meaning you don’t need to sell your funds held elsewhere and move them over to us. This means your funds aren’t out of the market.
Your existing provider might charge an exit fee. Find out about the costs of transferring investment funds from your financial adviser if you have one.
You should be comfortable with the investment choices that you make as you may lose features, protections, guarantees or other benefits when you transfer. If you’re not sure, you should get financial advice - there may be a charge for this.
Transferring or consolidating GIAs may not be the best option for you. It's up to you to decide if this is the right decision for you - so make sure you compare products before transferring or consolidating.
It's important to remember the value of your consolidated GIA can still fall as well as rise and you may get back less than you invest.
Any new funds you move your money into will have their own set of risks that will be detailed in the fund information that will be available to you.
You can also transfer between products by moving cash from your GIA to an existing ISA or to a new ISA with ourselves. This offers the option to maximise your tax-efficient ISA allowance if you haven't already reached your limit.