Transfer to myM&G

Transfer your
investments to
myM&G

It’s quick and easy to transfer your investment(s) to myM&G

Using our transfer service means that for ISA and Junior ISA investments you will be sure to keep any tax-efficient status and won’t count towards your allowances for the current tax year either. It’s worth remembering you might need to pay tax depending on your circumstances and the options you choose. Tax rules can also change in the future.

New to myM&G?

If you are not currently a myM&G customer, you need to register with us. It’s quick and easy, and once your registration is complete, just log in to your account and you will see the option to ‘Transfer in’ on your personalised dashboard.

Already invest with myM&G?

If you already invest with myM&G just log into your account and go to the ‘Manage my investments’ page. Then choose the ‘Transfer in’ option to get started. To make sure transferring is right for you, please read the 'Important things to consider' section below.

Already invest with M&G?

If you are an existing M&G customer, you will need to move your existing M&G account to myM&G. Once your move is complete you can start to enjoy the convenience of managing your account online including transferring your investments to myM&G.

It might sound like something you want to put off for another day, or tackle when you’re not quite so busy. Once you've decided transferring is right for you, it's easy to transfer your investments to M&G. We just need a few bits of information from you, and then you can leave the rest to us.

The value of your investment can go down as well as up so you might not get back the amount you put in.

Important things to consider

Before deciding to move your investments to myM&G, here are some important things you'll want to know about:

Your current provider might charge you to transfer your ISA to us. During the time it takes to transfer, your money won’t be invested. So you might miss out on any increase in its value, but also you won’t lose out if it decreases
At M&G we offer Stocks and Shares ISAs (not Cash, Flexible, Innovative Finance or Lifetime ISAs). If you’re transferring a Cash ISA to a Stocks and Shares ISA with myM&G, you should be aware of the differences between the two
Your existing provider may not allow a partial transfer of your investment, you should check with them first if you only intend to move part of your investment to myM&G
If you're transferring an unwrapped investment (for example, a General Investment Account) to myM&G, you may be liable for Capital Gains Tax on any profits you've made at the point of transfer
As part of the transfer process we may change the share class that you're invested in. Only certain share classes are available on myM&G and the share class you'll be put into will be based on the total value of your investments held with myM&G. There's a chance that you may end up with higher ongoing charges than you were paying previously. Click here to find out more about our charges
If you want to change your income preferences, you'll need to do this after you've transferred your investments to myM&G. If you choose income, income will be paid out, as there is no reinvestment facility on myM&G
You'll need to cancel any existing Direct Debits with your existing provider, and set up new ones with us once your investments have been transferred over to myM&G
If you've set up a regular withdrawal with your existing provider, this will stop, and you'll need to set up a new instruction with myM&G once your investments have transferred over
Please bear in mind that if your transfer is cash (the funds you hold elsewhere are sold and the proceeds re-invested on myM&G), whilst your investment is being transferred it will be out of the market for a short period of time and will not lose or gain in value. However, because the value of the shares you are buying will fluctuate with the markets, this will affect the number of shares your funds will buy

This information is not a personal recommendation, we don't offer financial advice for any particular investment. If you are unsure about the suitability of an investment you should speak to an authorised financial adviser.