SIPP Transfer - Information transferred?

Chickereeeee

Has anybody done a transfer of a SIPP between the main platforms?  If so, what information was transferred? By information I mean crystallisation status, current LTA, % of LTA used, buy price of funds etc.

The reason I ask is that I have (hopefully) nearly completed a transfer from iWeb to II. II say they are awaiting further information, iWeb say its all complete. But none of the above information has gone across. Now, I know my LTA, % used, and buy price, but I have not a clue how the crystallisation information is handled (crystallised 50% back in January, and grown a bit since then), and I was hoping it would all show up on the II site. iWeb do not show crystallisation info on their site.

Thanks

C

Sunnylifeover50plan

I was asked questions, crystallisation status, divorce proceedings, bankruptcy status on a declaration form transferring from one SIPP provider to another. No idea what would happen if I answered the questions inaccurately, which I didn't.

Transfer is incomplete at this time and it's a cash transfer not in specie.

anselld

Same position with transfer to II.  All actual transfers completed a month ago and visible on platform but no supporting data available and hence unable to take any income.   No indication of time to complete dispite several enquiries.

Robert_McGeddon

anselld said:

Same position with transfer to II.  All actual transfers completed a month ago and visible on platform but no supporting data available and hence unable to take any income.   No indication of time to complete dispite several enquiries.

Interesting.  I'm considering transferring a DC pension to an II SIPP. Could you expand a bit, please? E.g. was it cash or in specie, who was the tranferee organisation, were you in drawdown, is there a HMRC issue, what aspects are incomplete?

TIA

Chickereeeee

anselld said:

Same position with transfer to II.  All actual transfers completed a month ago and visible on platform but no supporting data available and hence unable to take any income.   No indication of time to complete dispite several enquiries.

From where were you transferring, may I ask?

I asked the question about the rest of the information (via secure messaging) several times, but it was ignored. Eventually, they said 'when we get the information from iWeb'...

Chickereeeee

anselld said:

Same position with transfer to II.  All actual transfers completed a month ago and visible on platform but no supporting data available and hence unable to take any income.   No indication of time to complete dispite several enquiries.

It has taken me 7 months to get to this stage! Lucky i did not need to drawdown in this time.