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Pending tax relief after a SIPP transfer
![[Deleted User]](https://us-noi.v-cdn.net/6031891/uploads/defaultavatar/nFA7H6UNOO0N5.jpg)
[Deleted User]
Posts: 0 Newbie
Hello there,
I am looking to transfer out a SIPP after a final regular contribution - the tax relief isn’t collected for some weeks so I’m wondering what would happen if this was received post transfer - ought the ceding provider forward it on?
Also, does anyone have any experience of transferring away from HL ISA or SIPP - are any paper forms necessary?
I am looking to transfer out a SIPP after a final regular contribution - the tax relief isn’t collected for some weeks so I’m wondering what would happen if this was received post transfer - ought the ceding provider forward it on?
Also, does anyone have any experience of transferring away from HL ISA or SIPP - are any paper forms necessary?
0
Comments
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SIPPs don't get closed on transfer. Things like tax relief, distributions etc often arrive after the transfer and a mop up transfer is needed a few months later. You normally need to request the ceding scheme send it on after its arrived.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.2
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Thanks for the advice!0
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