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In specie Sipp transfer

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Comments

  • Albermarle
    Albermarle Posts: 29,507 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    cfw1994 said:
    Does it form part of Origo if the transfer is in-specie?
    Both companies are part of that: should be within about a fortnight, IF in-specie is allowed for that, I would have thought?
    AIUI, often the delays are with the fund managers, rather than the pension providers.
  • SVaz
    SVaz Posts: 781 Forumite
    500 Posts Second Anniversary
    Charles Stanley Direct require wet ink discharge  forms so if AJ Bell receive my signed forms tomorrow,  they have to fill in and sign their sections and post it all back to CSD so that will take the rest of this week I presume. 
    Only two fund managers to deal with: HSBC and Royal London. 



  • SVaz
    SVaz Posts: 781 Forumite
    500 Posts Second Anniversary
    Well I’m pleasantly surprised,  all done. 
    Weirdly though,  no notifications from either CSD or AJ Bell,  I would have expected an email.
    I logged on to my CSD app this morning,  everything still showing but the cash balance was lower than expected so I checked transactions and the transfer out fee had been taken.
    Just checked AJB and everything has transferred over. 
  • Albermarle
    Albermarle Posts: 29,507 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    SVaz said:
    Well I’m pleasantly surprised,  all done. 
    Weirdly though,  no notifications from either CSD or AJ Bell,  I would have expected an email.
    I logged on to my CSD app this morning,  everything still showing but the cash balance was lower than expected so I checked transactions and the transfer out fee had been taken.
    Just checked AJB and everything has transferred over. 
    I have done a number of transfers, and am always surprised by the lack of communication from both parties.
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