In case you want to change the fund in which you have invested your pension money, follow the steps below:
Open the Invest tab in the app.
Select Pension.
Tap Change Fund.
Choose the fund you would like to switch to.
Review the fund details and tap Choose this fund.
Review the change summary and tap Confirm to complete the switch.
Our wealth team will handle your request by selling the amount of your choice from the current fund and making a buy order for that amount into the new fund you have selected. The process is estimated to take around 7-10 business days.
Notes
To automate your deposits to any new fund, you’ll need to visit the Automations section on the homescreen, go to Split your deposits and configure it there.
If the selling process has initiated, we are not able to cancel it. You should be able to request a new reallocation of your funds once it is completed.
If you request to change funds, you won’t be able to deposit money into your Pension (SIPP) account until the process is completed.
If there are pending buy orders in your current fund, you won’t be able to request a fund switch until they are settled.
We currently support full fund changes only. When you choose to switch, your entire pension balance will be moved to the selected fund.