Transfer to a OneFamily Lifetime ISA
You can transfer into a OneFamily Lifetime ISA from an existing:
- lifetime ISA
- help to buy ISA
- cash or stocks and shares ISA
- matured child trust fund and matured junior ISA.
You must transfer everything from your account as we don't accept partial transfers. We accept transfers from cash or stocks and shares products.
We won't charge you to transfer to us, but please check with your current provider in case they charge any transfer-out fees.
How much can I transfer?
We don't accept partial transfers so you will need to transfer everything from your existing account.
However, please be aware that you can only pay up to £4,000 into a lifetime ISA each tax year. Therefore, if you're moving money from an account that isn't an existing lifetime ISA, transferring to our Lifetime ISA is only an option if you have £4,000 or less in your account.
Instead of transferring, you can withdraw up to £4,000 to pay into a new lifetime ISA, however this will count towards your annual ISA allowance.
If you're moving money from an existing lifetime ISA this can be more than £4,000 and must be everything from your account. Please be aware that you won't receive the government bonus on money you transfer from an existing lifetime ISA as this will already have been paid.
Why choose OneFamily?
We keep our Lifetime ISA simple with a 1.1% annual management charge and 24/7 online account access. You'll also have the option to invest your money in a climate-friendly fund.
We’ve provided more than £4.75 million in funding since 2015 through our individual and community-based funding initiatives – supporting over 390 great causes such as foodbanks, homeless charities and schools - and improved the lives of over 3,200 people through our individual grants.* We're proud of our moral values and, as a OneFamily customer, we want you to be too.
* As at 31 December 2021
How to transfer a Lifetime ISA
1. Choose a fund
Decide which of our two Lifetime ISA funds is right for you by reading the fund documents below.
2. Apply online
Click the transfer link at the bottom of this page to fill out the short transfer form. Then print, sign and post it back to us at FREEPOST ONEFAMILY (this is the full address).
3. Start saving!
As soon as the transfer is complete, you’ll be able to log into your online account to set up a direct debit or start making one-off payments.
Frequently asked questions - transferring to a OneFamily Lifetime ISA
Our Lifetime ISA invests in stocks and shares, which gives it a higher potential for growth compared to cash lifetime ISAs over the long term. However, as with all investing, there is a risk that the value of your investment could go down.
People choose OneFamily because of our competitive charges and our strong moral compass. We’re not owned by shareholders so we don’t pay dividends - put simply this means our profits are used to benefit our members and our community.
We also care about the environment and give our Lifetime ISA customers the option to invest in a climate-friendly fund, which invests in companies that take climate change seriously.
As a member of OneFamily, you’ll also have access to free equity release advice (worth £950), the option to apply for apprenticeship support and you'll be able to apply for a Young Person's Education Grant on behalf of someone aged 15-19 years old.
Choose which fund you'd like to invest your Lifetime ISA in
Please read all relevant documents below to get an understanding about how each fund is invested, then choose the fund that suits you best. As our Lifetime ISA invests in stocks & shares, its value can go down as well as up, so you could get less than was paid in.
Global Equity
Invest into global companies who focus on operating in a more sustainable way
Invest for your future in a way that's aligned with your values. Global Equity invests your money into companies who are actively working towards a more sustainable business model and reducing their carbon footprint. Find out more about our climate investments
- Avg. yearly
growth*
- Fund
size
- Global
investments
Risk rating
Lower HigherFund performance:
*Performance includes all charges payable. Please remember that past performance should not be seen as an indication of future performance.
You can find out more about Global Equity in our Key Information Document and Fund Factsheet
Global Mixed
A balanced mix of climate-friendly companies and fixed interest investments to reduce risk
Invests up to 35% of your money into climate-friendly shares and at least 65% into fixed-interest assets to help reduce risk. Choose this fund if you want to lower your risk of losing money while still investing in some climate-friendly options. Find out more about our climate investments
- Avg. yearly
growth*
- Fund
size
- Global
investments
Risk rating
Lower HigherFund performance:
*Performance includes all charges payable. Please remember that past performance should not be seen as an indication of future performance.
You can find out more about Global Mixed in our Key Information Document and Fund Factsheet
Transfer to a Lifetime ISA today
Move your savings to a Lifetime ISA quickly and easily
If you wish to transfer your matured OneFamily Child Trust Fund money into our Lifetime ISA, you'll need to log into your account where you can let us know how much you'd like to transfer.
