How to close my Retirement Portfolio Glidepath?

  • Updated

How to close down my Retirement Portfolio Glidepath and invest via your DIY portfolio?

You only need to follow the steps below if you want to manage the transition yourself. If you do nothing, we will complete the process for you on 23/02/2026.

These are the actions that you will need to follow to enable the sell down of your Retirement Portfolio Glidepath and your investment into a DIY portfolio if you wish to do it yourself.

Step 1 - Create a new DIY portfolio

This step is required if you want to create a DIY portfolio and invest 100% of your Retirement Portfolio Glidepath into iShares Moderate Portfolio ETF, the new default option.

  1. Log into ‘My Dashboard’.
  2. Select ‘Create Portfolio or Transfer’ and then ‘Create portfolio’.
  3. Select ‘Personal Pension’ and then ‘Do it yourself’.
  4. Select iShares Moderate Portfolio ETF which can be found just below the ‘Popular ETFs’ section in a section entitled ‘Default ETF option’.
  5. Select ‘Add to portfolio’
  6. Select ‘Continue’, ‘Review and continue’ and ‘Save and continue’.

If you wish to create a DIY portfolio with your own investment structure you should follow these instructions.

If you already have a DIY portfolio and you wish to move the sale proceeds from your Retirement Portfolio Glidepath to it you do not need to complete this step.

Step 2 - Cancel active Savings Plan

This step is only required if you have an active Savings Plan associated with your Retirement Portfolio Glidepath.

  1. From ‘My dashboard’ select your Retirement Portfolio Glidepath portfolio.
  2. Go to ‘Options’ and select ‘Savings Plan’.
  3. Select ‘Stop monthly payment” and then ‘Stop payment’.

Step 3 - Sell your Retirement Portfolio Glidepath

  1. From ‘My dashboard’ select your Retirement Portfolio Glidepath.
  2. Go to ‘Options’ and select ‘Move cash out’’.
  3. Select which portfolio you want the sale proceeds to be paid to.
  4. Enter an amount which matches the available balance and select ‘Confirm’.

Step 4 - Create new savings plan on DIY portfolio (optional)

  1. From ‘My dashboard’ select the portfolio that you want to have the Savings Plan associated with.
  2. Select ‘Set up a Savings Plan’ and complete the process.

Step 5 - Set up Auto Invest (optional) - this means that cash in the portfolio will automatically be invested in accordance with the investment structure you have applied to it.

  1. From ‘My dashboard’ select the portfolio that you selected to have the Retirement Portfolio Glidepath proceeds to be paid to.
  2. Go to ‘Options’ and select ‘AutoInvest available cash’
  3. Use the toggle to turn it ‘On’ and define any cash buffer that you wish to retain.

Step 6 - Invest the proceeds from Retirement Portfolio Glidepath - this is needed if you haven’t completed ‘Step 5’ and can only take place once the cash proceeds have been applied. We expect the cash proceeds to be applied 2 business days after the sale.

  1. From ‘My dashboard’ select the portfolio which received the sale proceeds and select, ‘Invest’.
  2. Enter the amount that you wish to invest, select ‘Review order’ and ‘Confirm’.