Yes, you can transfer your SIPP to InvestEngine in-specie!
An in-specie transfer allows the investments you hold with your current provider to be moved as they are, without selling them. This ensures your investments remain in the market throughout the transfer process, so you won't miss out on potential growth or market movements during this time.
In-specie transfers are only possible for ETFs that are available on our platform. Any investments that we don’t currently support will need to be sold by your existing provider and their cash value will be transferred to InvestEngine.
To ensure a smooth in-specie transfer, we recommend checking our ETF range in advance to confirm that your current holdings are compatible.
When you select your provider during our transfer process we will only display the option to transfer in-specie where we know that the transferring pension could hold an ETF and that the provider allows in-specie transfers.
If you have any additional questions, don’t hesitate to contact us by emailing support@investengine.com