Firstly, where you are completing a Bed and ISA, navigate to the relevant client’s record and check their remaining ISA allowance figure tile. Bear in mind that if the client has an ongoing regular contribution, the system will not include this in the remaining ISA allowance until the payment has been applied.

To check this year’s contributions to a SIPP, open the SIPP Account and set the date range fields to the current tax year. Then, go to the bottom of the screen and expand the ‘Report’ heading. Here you will find a summary of ‘payments’ and the total amount of money in during the period.

Next, select the ‘internal movement’ tab.  Here you can select the GIA, instruct an auto-disinvestment if there is insufficient cash, the amount you’d like to move, the receiving ISA or SIPP and the investment choice. You then click review and submit, and the instruction is complete. 

If the funds are already in cash, the transfer will take place immediately and any linked trades will execute at the next dealing point. If the funds require disinvestment, the internal movement is actioned at the point that the sales are executed (which is usually T+1).

You can see a more detailed process guide here: Internal transfers