Transfer Your Fidelity International Pension | Guide & Process 2026
Complete guide to transferring your Fidelity International pension. Fees, timelines, process steps and what to check before you transfer. Updated for 2026.
10 min readUpdated April 2026
Get matched
Find your perfect pension adviser in 60 seconds
Answer a few simple questions and get matched with an FCA-regulated pension adviser who can help with your specific situation.
Fidelity International Pension Transfer: Overview
Fidelity International is a global investment management company with over £700 billion in assets under management. Their UK SIPP and personal pension platform is one of the most comprehensive available, offering access to thousands of funds, shares, and ETFs alongside proprietary research tools and retirement planning features.
Fees and Charges
Fidelity International pension charges: 0.35% platform fee, reducing for pots over £250,000. Always request a transfer value illustration before proceeding, as older policies may have different fee structures or exit charges that could affect your transfer value.
Fund Options
Over 3,000 funds plus shares, ETFs and investment trusts. When transferring, you will need to choose new funds with your receiving provider. Consider whether your current fund selection aligns with your retirement goals and risk tolerance before and after the transfer.
Transfer Process and Timeline
The typical transfer timeline for Fidelity International is 4-6 weeks for most transfers. To initiate a transfer, contact your new pension provider with your Fidelity International policy details. They will submit a formal transfer request. During the transfer, your investments may be temporarily held in cash, so timing can affect your returns.
Important: Before transferring any pension, check for valuable guarantees such as guaranteed annuity rates, guaranteed minimum pensions, or protected tax-free cash. These benefits cannot be replaced once surrendered. If your Fidelity International pension has a transfer value above £30,000 and includes defined benefits, you are legally required to take independent financial advice.
Pros of Fidelity International
Enormous fund range with over 3,000 options
Access to shares, ETFs and investment trusts
Excellent research tools and fund analysis
Competitive fees for larger pots
Strong proprietary funds managed in-house
Cons of Fidelity International
0.35% fee can be expensive for very large pots
Platform can feel overwhelming for beginners
Some competitor SIPPs are cheaper
Mobile app could offer more features
Who Is Fidelity International Best For?
Fidelity pension transfers suit serious investors who want access to one of the widest fund ranges available, along with in-depth research tools. Particularly good for those with larger pots who will benefit from tiered pricing and want a single platform for all investments.
Transfer checklist: Before you transfer, gather your policy number, check for exit charges, confirm any guarantees, compare fees with your new provider, and ensure the receiving scheme can accept the transfer type. Allow 4-6 weeks for most transfers for the process to complete.
Frequently Asked Questions
Open a Fidelity SIPP online and select the transfer option during the application. Provide details of your existing pension and Fidelity will contact your old provider. Most transfers complete within 4 to 6 weeks. You can track progress through your Fidelity account.
Fidelity charges a platform fee of 0.35% per year on the first £250,000, 0.20% on the next £750,000, and no platform fee above £1 million. Individual fund charges apply on top. Share dealing costs £7.50 per trade or £1.50 with a regular savings plan.
Yes, Fidelity's SIPP allows you to hold individual UK and international shares, ETFs, investment trusts, government bonds, and thousands of funds. This makes it one of the most flexible pension platforms available for self-directed investors.
Yes, Fidelity offers a range of Multi-Asset funds and PathFinder portfolios designed for different risk levels and investment goals. These are ideal for investors who want diversification without selecting individual funds.
Fidelity offers a comprehensive drawdown service through their SIPP. You can take tax-free cash and draw income flexibly. Their retirement planning tools help calculate sustainable income levels, and you can adjust drawdown amounts as needed.
Both are leading SIPP providers with wide fund ranges. Fidelity is generally cheaper for larger pots due to its tiered pricing, while Hargreaves Lansdown offers arguably better research tools and customer service. Fund charges are similar across both platforms.
Ready to get expert pension advice?
Answer a few quick questions and get matched with an FCA-regulated pension adviser. Free, no obligation.
