Transfer of managed pension (Nutmeg) to another managed pension

Thorloki

The issue I have is that I have already taken a lump sum but want to continue investing. Nutmeg not great so tried a couple of alternative providers but they won't accept transfers post-withdrawal. Anyone know a company that will do so? 

dunstonh

Use a SIPP or other modern pension.  Avoid the robos as they are limiting in what they offer.

moedeeb

I’m with nutmeg and have no problem investing after taking lump sums every year. They are a bit slow and you can’t see drawdown vs uncrystalised pots as separate entities on the app.

An alternative provider like Vanguard or Hargreaves Landsdown should accept a transfer which you can initiate on their websites.


 

Albermarle

moedeeb said:

I’m with nutmeg and have no problem investing after taking lump sums every year. They are a bit slow and you can’t see drawdown vs uncrystalised pots as separate entities on the app.

An alternative provider like Vanguard or Hargreaves Landsdown should accept a transfer which you can initiate on their websites.


 

Not sure about the above providers but with another large provider, Fidelity, you have to call them and arrange it all manually if you want to transfer crystallised funds. Whereas you can transfer uncrystallised funds with a few clicks of the mouse.