Transferring your pension as a cash payment usually takes 2 to 6 weeks to complete. If you’d like to transfer in your existing investments then the transfer will take longer - typically 8 to 12 weeks, depending on the type of investments you hold. 

For cash transfers, stocks must be sold before making the transfer. Timings also depend on how quickly your current provider works with us to arrange your transfer.

Here are some things your current provider may want to know:

• What is the SIPP pension scheme reference number?
  0083 5804 RJ
• Is the SIPP a registered pension scheme under the Finance Act 2004? 
  Yes
• Who is the scheme provider?
  Interactive Investor Services Ltd
• What is the address of the scheme provider?
  Exchange Court, Duncombe Street, Leeds, LS1 4AX
• Who is the scheme's authorised practitioner/administrator?
  BW SIPP LLP
• What is the address of the scheme administrator?
  163 West George St, Glasgow, G2 2JJ
• Who is the scheme trustee? 
  Investor SIPP Trustees Ltd (company no. 10670459)
• What are the transfer cheque payee details? 
  Investor SIPP Trustees Ltd "re YOUR NAME"

Some pension providers may ask you to return your original policy document to them or include a written declaration with your transfer application if you’re unable to find your documentation.

You can transfer most types of pension to the ii SIPP - including:

• Personal Pension Plans
• Pensions in drawdown
• Other SIPPs
• Executive Pension Plans
• Defined Benefit Occupational Pension Schemes
• Free Standing Additional Voluntary Contributions (FSAVCs)
• Small Self-Administered Schemes (SASS)
• Stakeholder pension plans
• Occupational Money Purchase Schemes
• Retirement Annuity Plans
• Recognised Overseas Pension schemes

If you're not sure whether you can transfer your pension to a SIPP, check with your current provider. 

Before you decide to transfer a SIPP to us, it's important that you make sure it's right for you. You should ensure that you won't lose any valuable benefits, such as safeguarded benefits, guarantees or bonuses. You should also find out what your exit fees will be before starting. 

If you're unsure, we recommend seeking the advice of a qualified financial adviser.

• Read our transferring checklist

Yes - you can transfer an existing SIPP into an ii SIPP - the same way you'd transfer another pension.

To start, you will need to open an ii SIPP account. You can either start your SIPP transfer while opening an account, or you can do it later by logging in to your online account. 

Once the transfer process has started, we will keep you up-to-date with progress.

Yes, a personal pension is one of the pension types you can transfer to an ii SIPP. 

There are several reasons why you might want to transfer existing pensions to a SIPP:

• Having one SIPP, instead of multiple pensions in different places, can make it easier to keep track of your retirement savings.
• Our SIPP gives you a much wider investment choice than a typical pension - and we provide free tools and expert insights to help you choose.
• Most pensions charge a percentage of your pot each year, meaning the fees grow over time. Our SIPP charges a flat fee, which could save you thousands in the long run.

On the other hand, there are reasons you might not want to transfer all your pensions:

• If your employer is contributing to your workplace pension, you might not want to transfer it until you change employers.
• If you have pensions with safeguarded benefits (such as a final salary pension), you could lose these by transferring to a SIPP.
• If your pension scheme(s) charge high exit fees, you should consider whether it is worth paying these.

If you're not sure whether a SIPP is right for you, we recommend you speak with a suitably qualified financial adviser.