Transfer to myM&G

Transfer to myM&G

MyM&G is an easy way for you to invest directly with us, and manage your M&G investments online, whenever and wherever it's convenient for you.

If you're already investing with another provider, transferring your investments to myM&G couldn't be simpler.

If you do decide to transfer over to us, it's important to remember that the value and income from a fund’s assets will go down as well as up. This will cause the value of your investment to fall as well as rise and you may get back less than you originally invested. But whatever the markets are doing in the short term (and we always take the long-term view) you’ll always enjoy all these great benefits:

  • 24/7 online access to all your investments with myM&G
  • No entry or exit fees
  • No service fees
  • You can top up, switch or sell your investments at any time at no extra cost
  • Invest directly with the people who manage your money
  • Benefit from our active management approach, backed by more than 85 years of investment experience
  • Go paperless – store all your documents securely and conveniently online
  • Contact our UK-based Investor Services team whenever you need help.

Other 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 existing provider may charge you a fee to move your investment away from them – so you should speak to them to see if this will happen
  • 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. The share class you'll be put into is based on the value of your holdings, so 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 yours is a ‘cash’ transfer (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

Transfer to myM&G

Existing customer

If M&G already manage your existing M&G investments, rather than transferring them over, you will need to move them over to myM&G.