Investing myths explained: Transferring

Please note this blog post was published over 12 months ago and so may not include the most up-to-date information, for example where regulation around investing has changed.

There are many misconceptions around investing, and one area we are going to look at today is transferring myths. In general, across any part of your life, transferring an account can be viewed as a time consuming or costly hassle. But when you transfer to True Potential Investor, that isn’t the case.

If you are new to True Potential Investor, or thinking of recommending it to a friend, you’ll have seen transferring mentioned across our website. This is simply the process of moving an ISA, Pension, or General Investment Account to True Potential Investor.

This isn’t a complicated process, it is relatively quick and easy. You state how much you want to transfer in total, and then take our online assessment as any other investor would. We assess your suitability for our service, not your suitability to transfer. You must decide if transferring is the right thing for your money.

Transferring myths you may have come across such as it affecting your annual allowance, extra charges, or complicated and lengthy time demands on completing your transfer. This just isn’t the case at True Potential Investor, where transferring is free, straight forward, and doesn’t affect your annual allowance.

When making the decision to transfer, keep in mind the benefits of our Fully-Managed Investment Portfolios. Our expert in-house team spreads your investment across thousands of global holdings. With access to 9,000 professionals in 200 locations, our expert in-house investment team make the decisions. Through Advanced Diversification, our approach aims to maximise your returns, reduce your risk and make your money do more.

There are no transfer fees and we take care of the transfer for you. By transferring today, you can have a view of your investments in one place.

With investing, your capital is at risk. Investments can fluctuate in value and you may get back less than you invest. Past performance is not a guide to future performance. Tax rules can change at any time. This blog is not personal financial advice.

Personal Finance