This article provides an overview of the PEP transfer process. It also explains the benefits associated with making PEP transfers and discusses what information you need to make a PEP transfer.



PEP Transfers

PEP transfers enable you to switch to different investment funds. Transferring your PEP enables you to get rid of your existing PEP investments and replace them with new better performing ones, whilst still maintaining your tax free status.

Advantages of PEP Transfers

• You can choose new PEP funds to invest in that have a better rate of return than your existing funds

• You can take advantage of new funds that have become available since you set up your PEP

• You can diversify your investment portfolio

PEP Transfers Process

1. Complete a PEP transfer application form and Letters of Authority for each fund manager you want to transfer from.

2. Send the completed form and letters to the company you want to transfer your PEP to.

3. The new PEP company will contact your existing fund companies on your behalf to tell them that you want to transfer your PEP.

PEP transfers normally take between 4-6 weeks. Please note that your money will remain invested throughout the duration of the PEP transfers process

What Information Do I Need to Arrange a PEP Transfer

In order to transfer your PEP all you need are details of your existing PEP. Then contact a PEP transfer company or IFA and they will set up your PEP transfer for you.