When are we going to be able to transfer existing pensions into the IE SIPP? It feels like there has been no progress on this since the SIPP was launched. With Vanguard bringing out a mobile app in the near future it feels like IE are going to miss out on their existing advantage…
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I think its likely they want to smooth out the SIPP service on offer before they give themselves all the extra admin of making transfers available. I’m sure it will come sooner or later.
I also think IE can afford to wait as vanguards offer will still not provide the diversity of etfs IE does.
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I’m frustrated with this. They said in January, that this was coming soon. It’s the last working day of June and it’s still not here with no further communications on the topic.
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I gave up waiting and went elsewhere. The carrot was dangled far too early. “its coming soon” might work for a block buster movie but not for a product such as this IMO
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Hadn’t heard Vanguard were getting an app - I’m eager to try it out. IE’s is a bit of a let down (in terms of updates and undelivered promises) and I’m a fan of vanguard buy their lack of an app for U.K. investors I’ve found frustrating.
Hello there, I’m sorry you were disappointed with your experience. We would love to hear your feedback and ways you feel we could improve our app. Our Development team are keen to hear what our clients say and is willing to implement as many features as possible to improve our client’s user experience. Feel free to respond here or send us an email to support@investengine.com. We hope to hear from you.
Who did you choose in the end?
I am awaiting t his as well, I have my SIPP all set up but cannot transfer my pension over as of yet. Is there a time line for when this will be available - if its going to be another 6 months it would be nice to know so i can go else where too.
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I have a SIPP with AJBell which I am happy with so will probably use this.
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I’m still keen to migrate my SIPP into IE.
Is there any chance anyone could provide us with a ballpark estimate of when this functionality might be available?
Many thanks.
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Excuse me for jumping in, but this just reads as a PR cut and paste. It sounds like you like to hear from us, but not actual answer our enquiries. Can you sort out the SIPP transfers or inform us on some updates and timelines., or will we get another AI generated response which means nothing? Answer the initial question please. When are SIPP transfers coming to IE?
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Hi there, we don’t have a set date as of yet. As soon as we do, we will be sure to announce it hear.
SIPP transfer update!
We know you’ve been waiting for an update on our SIPP transfers and we want to thank you for bearing with us while we work on it. Our aim has always been to allow our community to transfer SIPPs into their accounts as soon as possible.
So why are SIPP transfers not yet available?
The short answer is that we’ve hit a few unexpected hurdles in building the transfer process. We want to make sure the service is as smooth and effective as possible before we launch and some unforeseen challenges have made this more difficult than we had hoped – we’re working on it and we want to release a great transfer service as soon as possible. As yet, however, there is no specific date we can give for our SIPP transfers to be ready, but rest assured it’s a top priority for the business. We want to thank you for your patience; we understand the frustration and you’ll be the first people to know when we do go live.
Hi @DeeFunds, do you have any update on transfers in please?
Hi Carl,
At this time, we do not have any new updates to share. As previously mentioned, we are aware of the challenges surrounding the implementation of this feature and are working diligently to address them. Our goal is to ensure that the transfer process is smooth and effective before we launch.
While we cannot provide a specific date for when SIPP transfers will be available, please know that it remains a top priority for us. We appreciate your patience during this process and will keep you informed as soon as we have more information.
In your newsletter today you state:
Hi @Carl , Thanks for flagging. Please be assured the relevant team has been notified and we will amend asap!
Appreciate no specific date can be given but are you in a position to advise if this will be practicably achieved in this financial year?
On this forum since at least November 2022 it has been implied by Team InvestEngine that SIPP transfers will be coming and, obviously, they are still not here. What is worse is that we keep being told that it is on its way but yet nothing happens.
Admitedly SIPPs themselves were introduced in January 2024.
Therefore, assuming that an official reply is received to this forum I doubt that they will give any meaningful date. Even if they do give a date, based on their track record, I would not believe that date until it has been officially announced and has actually been implemented.
In discussions with the help desk it appears that withdrawing from a current SIPP is not easy (for them or me). So I have given-up waiting and have decided to transfer my pension funds elsewhere and assume that in the next few years I will receive my pension from other providers.
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