We now support Scheme-based providers on our platform to help with our ongoing improvements to our transfers service! 

Scheme-based providers are pension providers who offer pension administration to multiple underlying pension schemes. They’re typically workplace pension providers or Master Trusts.

Previously, transfers from these providers had to be submitted manually via our Service Centre. Now, they can be initiated via the platform, meaning all the benefits of electronic transfers are available:

• They’re visible on the transfers workbench
• You can see updates on the product transfer / workbench to show transfer chasing, updates from the scheme, and, if applicable, rejection reasons
• You can automatically take an adviser fee on the transfer once received
• You can set the transfer to trade automatically once it’s received.

What schemes are included?

Please find below a list of the schemes we now hold as an option on our transfers journey:

• SEI Master Trust (Scheme Transfers)
• Penny Pension
• Plum (Tesla SIPP)
• The Invest Engine Pension Plan
• Hubwise SIPP
• ITV DC Plan
• Bright Square SIPP
• The Best SIPP (Embark Group)
• The Alpha SIPP (Embark Group)
• The Charles Stanley Direct SIPP
• The EBS SIPP (Embark Group)
• The EBS SAPPP (Embark Group)
• Willis Owen Scheme Based Pensions (Embark Group)
• Standard Life Master Trust
• Creative Pension Trust (NatWest Cushon)
• The Pension APP Pension Scheme
• Ashcroft SIPP 2
• MFM Pension (MoneyFarm)
• CompoundApp
• Investec Wealth & Investment Limited Retirement Savings Plan (Aegon MT)
• Zurich Financial Services UK Pension Scheme – ZCashBuilder Section
• CMC Invest Personal Pension
• Balfour Beatty Pension Fund DC Section