Transfer investments to HL

Get more choice, clarity and control

Transfer now

One home for your investments

It’s easier to manage your investments when they’re in one place.

You’ll be able to track, trade or upgrade your investments, all with a single set of login details.

Tell us what you want to transfer and we’ll take care of the rest.

What investments can you transfer?

Funds
UK and overseas shares
Corporate and government bonds

Investment trusts
Exchange Traded Funds (ETFs)

It's free to transfer investments to us

Your current provider may charge exit fees though, so it’s worth checking with them first - we wouldn’t want you to lose money.

FREEto transfer

Save money with the return of our biggest ever cashback offer

Transfer ISAs and investments to HL and you could get between £50-£1,000 cashback as a thank you. You can use it to top up your investments, put it towards fees or withdraw it to your bank account.

To get this offer, you need to register your interest first and start your transfer before 29 February 2024. .

How much cashback will you get?

You transfer	We give you
£4,000 - £9,999	£50
£10,000 - £19,999	£100
£20,000 - £39,999	£150
£40,000 - £59,999	£300
£60,000 - £79,999	£500
£80,000 or more	£1,000

Find out more and register

How to transfer investments

The fastest way to transfer investments to a Fund and Share Account is online. Alternatively, you can send a transfer form by post.

Here's how transferring investments works:

You apply to transfer
We contact your provider and start the transfer
We keep you updated with progress and tell you when everything arrives

Transfer now

A simple explanation of the most commonly asked questions about transfers to HL, including how the process works, your options and how long it takes.

This video will guide you on how to request your transfer to HL and what your options are.

We’ll also cover how long it will take and what happens when we receive your transfer request.

How can I transfer to HL?

You can transfer existing accounts to us online by visiting the Transfer section of our website. Click ‘get started’, then select the type of account you would like to transfer.

Make sure you read the documents, 'ISA Key Features' 'Investment Risks' and ‘terms and conditions’ before proceeding.

You will need to have the account reference of your current provider to hand. This might be called a client ID or reference number.

What can I transfer?

You can transfer both stock and cash held in an account elsewhere to the HL platform.

When transferring individual investments these should transfer across to us exactly as they are.

If transferring funds (OEICs or Unit Trusts), your current provider might have a different version from the version available through HL.

In this instance, your provider will convert the fund to a common class before transferring.

Once we receive your funds, we will convert them to the lowest cost version we offer.

We will never convert your fund into a version that’s more expensive.

If you hold an investment we don’t offer, we’ll contact you during the transfer to confirm your preferences.

What can I do with cash that is transferred?

When transferring cash, you will be given the opportunity to provide investment instructions.

If you instruct to purchase shares, you will be charged 1% of the value, with a £20 minimum and £50 maximum, per line of stock once the transfer completes.

Alternatively, you can purchase the shares manually once the transfer is complete at our online dealing rate which starts at £11.95. There is no charge for buying funds.

How long will the transfer take?

Both stock and cash transfers tend to take between 2 to 8 weeks.

We don’t charge for transfers, but your current provider might. You may also incur dealing charges if they have to sell any holdings before the transfer takes place. You should also check that you will not lose any benefits and guarantees when transferring. If you're unsure, please contact them for clarification.

What if I can’t transfer online?

If it’s not possible to complete your transfer online, you’ll be prompted to download an application form and post this to us.

If you are an existing client, this should already contain some of your details, which should help save time. Just double check the form and fill in any missing details, including your signature.

Then post your transfer form to the address shown on the application form.

Alternatively, you can send this to 'Freepost: HARGREAVES LANSDOWN'. Please note that freepost can take longer than regular post.

The process for transferring to HL is different for overseas clients. If you’re living outside of the UK, please let us know and we can guide you through the appropriate forms.

What happens next?

Once we have your request, we’ll contact your current provider to initiate your transfer to HL.

During the first stage of your transfer, we ask your current provider for a valuation of your account.

Once we’ve received their response and, where appropriate, checked that we’re able to hold your stock, we’ll send our acceptance and specific transfer instructions.

We will try to complete your transfer as quickly as possible and will be in regular contact with your current provider to avoid delays as much as possible.

We will keep you updated and contact you if there are any problems or unexpected delays.

If you’re thinking of transferring, make sure you’ll benefit. If you’re not sure what’s right for you, seek advice. Transferring as cash means you’ll be out of the market for a period, so you won’t experience the ups and downs of the market. If you choose to transfer your investments as they are, you won’t be able to make any changes to them whilst the transfer goes through. Remember to check for exit penalties or loss of benefits with your existing provider before transferring.

Correct as at April 2022.

Join over 1.7 million clients already with HL

Security - we're a FTSE 100 company and the largest investment platform in the UK for private investors, with £123 billion in assets under administration
Ease - check your Fund and Share Account anytime online or with the HL app
Expertise - investment ideas and insights from our experts
Award-winning - we've won over 200 awards, including Investing & Pensions Gold Award 2022 by Times Money Mentor and Best Online Stockbroker 2022/2023 by The Personal Finance Awards
Ongoing support - speak to our UK-based customer support team if you have any questions, or pay for financial advice on where to invest

Investment transfer FAQs

Can you transfer shares to another person?

Yes, shares can be transferred from one person to another. If you hold an HL Fund and Share Account, you can transfer these to another HL Fund and Share Account in someone else’s name. However, if you hold shares in an HL Stocks and Share ISA, you wouldn’t be able to transfer them directly to another person.

Generally, you'll need to pay Capital Gains Tax (CGT) when you give away shares but only if your total gains are above the annual tax-free allowance. One exception to the CGT rule is when you ‘gift’ shares to a spouse or civil partner. Tax rules change and benefits depend on individual circumstances.

Download the Capital Gains Tax guide
Can you transfer existing shares into an ISA?

If you have shares in an HL Fund and Share Account, you can move them to an HL Stocks and Shares ISA but they need to be sold and repurchased within the ISA. This is sometimes called a Bed and ISA. You can do this as part of our share exchange service.

If you hold certificated or unwrapped shares outside of HL, you’ll need to transfer them to an HL Fund and Share Account first.

More on share exchange
How much can I transfer into a Fund and Share Account?

There is no upper (or lower) limit on how much you can transfer into an HL Fund and Share Account. However, if you’d like to open an HL Fund and Share Account with a lump sum, the minimum amount is £1. If you’d like to set up a monthly direct debit, the minimum monthly amount is £25.
Is transferring shares the same as selling shares?

Typically, there are two ways to transfer shares to another provider. You can choose a stock transfer or a cash transfer.

With a stock transfer, your existing provider will transfer your holdings as they are (remaining invested without the need to sell your investments). When transferring as stock, you’ll typically be unable to sell your holdings during the process, for example, if you wish to protect yourself from falls or realise any gains.

With a cash transfer, your investments will be sold, and the cash will be transferred. If you transfer as cash, you’ll be out of the market while your transfer takes place. This may work in your favour if the market falls, but if it rises you won’t benefit from any growth.

You should check whether your existing provider charges any transfer fees before transferring.
Do you pay tax when transferring funds or shares?

If you’re transferring a general investment account in your name to a HL Fund and Share Account (or vice versa) in your name as stock, then there will be no Capital Gain Tax (CGT) to pay.

CGT is only payable when an investment is ‘realised’ or sold, and if any capital gains for the tax year exceeds your annual capital gains tax allowance. Tax rules change and benefits depend on individual circumstances.

Download the Capital Gains Tax guide

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Awards

SHARE DEALING CUSTOMER SATISFACTION WINNER
Finder Awards 2023

BEST ONLINE STOCK BROKER
The Personal Finance Awards 2022/2023

BEST FOR CUSTOMER SERVICE
Boring Money 2022 Best Buys

Help and support

If you have any questions about the HL Fund and Share Account, you can speak to one of our client support experts by calling 0117 900 9000.

Read our FAQs

Email us

1. Subject to these terms and conditions, if you register for our Transfers Cashback Offer (Nov 23 – Feb 24) and apply to transfer an existing pension, ISA or general investment account from another platform between 16 November 2023 and 29 February 2024 inclusive (the “Offer Period”), you will receive a cash amount after the transfer is complete, depending on the amount you transfer (the “Offer”). The Offer is funded by us, and the cashback will not come from your own cash or investments.

2. You must register for the Offer to qualify. You can do this by completing the online cashback registration form, the postal cashback registration form or by asking us via secure message (using your online account) or by telephone to register you manually. If you do not register for the offer, no cashback will be paid.

3. If you register for the Offer and we receive your qualifying transfer application(s) within the Offer Period, even if the transfer itself isn’t completed until after the Offer closes, you will still qualify.

4. The cashback payment will be paid into your Loyalty Bonus Account which is separate from your other HL Account(s). You will receive the cashback payment within 8 weeks from the date that your last qualifying transfer completes. The payment date will be determined by us. The cash can be kept in your Loyalty Bonus Account for fee collection, withdrawn or moved into another of your HL accounts. If moved into an ISA or SIPP, it will count towards your annual allowance.

5. We ask you keep your HL account(s) for at least one year from the date that the last qualifying transfer completes. Please feel free to switch between investments and in or out of cash within your account, but if you decide to transfer any portion of your receiving account away or close your account within 12 months of the date your last qualifying transfer completes, then we reserve the right to reclaim the cashback paid. If cash is to be reclaimed, then you will be notified, and the cash will be taken within 7 days of the account closure or transfer out.

6. It isn’t possible to combine the value of transfers into accounts with different client numbers for the purpose of this Offer. The maximum amount of cashback you can receive under this Offer across all pensions, ISA or general investment account transfers is £4,500.

7. If you register for the Offer and apply to transfer existing ISAs or general investment accounts within the Offer Period with a total value of at least £4,000 from other providers to our platform into your HL Stocks and Shares ISA or HL Fund and Share Account, you will receive a cash amount between £50 and £1,000.

8. The total value of your cashback will be based on the cumulative total value of qualifying ISA and general investment account transfers made within the Offer Period. The value of the cashback paid will be determined in accordance with the tiers identified in the table accompanying these terms and conditions.

9. If you need more time to decide whether you want to transfer to us, please complete the online extension form and we will extend the ISA and general investment deadline for you by three months. Alternatively, call our Helpdesk on 0117 906 7816 or send a secure message through your online account.

10. The following are excluded from the Offer: (1) the transfer of a Junior SIPP, Junior ISA, Child Trust Fund, Lifetime ISA or defined benefit/final salary pension; (2) new money cash subscriptions into any existing HL Account; (3) the lodgement of certificated shares; (4) movements of investments or cash already held on the HL platform, including switches or transfers between or within existing HL accounts or income and interest received on any assets held in those accounts; (5) transfers to the HL Cash ISA.

11. We reserve the right to remove or suspend the Offer if necessary, including for legal or regulatory reasons or otherwise, by posting a notice on our website. If the Offer closes early, all qualifying applications already received at the time of the posting of the notice will still be accepted.

12. We also reserve the right to determine how the cashback payment is calculated. Therefore, if you are not sure how your transfers will be treated under the terms of this Offer, please contact us before you apply to transfer. By registering for the Offer and submitting a qualifying application within the Offer Period, you agree to be bound by the terms of this Offer.

13. These terms are governed by the laws of England and Wales and subject to the exclusive jurisdiction of the courts of England and Wales.

14. This Offer is provided by Hargreaves Lansdown Asset Management Limited, which is a limited company registered in England & Wales with the company number 01896481, whose registered office is 1 College Square South, Anchor Road, Bristol, BS1 5HL. References in these terms and conditions to “our”, “us” or “we” are to Hargreaves Lansdown Asset Management Limited.

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Transfer investments to HL

Get more choice, clarity and control

Get more choice, clarity and control

One home for your investments

What investments can you transfer?

It's free to transfer investments to us

Save money with the return of our biggest ever cashback offer

Save money with the return of our biggest ever cashback offer

How to transfer investments

How can I transfer to HL?

What can I transfer?

What can I do with cash that is transferred?

How long will the transfer take?

What if I can’t transfer online?

What happens next?

Join over 1.7 million clients already with HL

Investment transfer FAQs

Awards

Help and support