Home > Lifetime ISA > Lifetime ISA Transfer

Transfer to a OneFamily Lifetime ISA (LISA)

If you hold a savings account with another provider you can move your investments to a OneFamily Lifetime ISA (LISA) quickly and easily and we won’t charge you to do so. However, please do check with your current provider in case they charge you to transfer your investments.

Why choose OneFamily?

There are a few things that really set us apart from other lifetime ISA providers. Here's just some of the reasons to choose OneFamily.

Money you put into your OneFamily Lifetime ISA is invested in climate-friendly funds. We choose where to invest based on things like how much of the money the company makes comes from "green" activities, like low-carbon technology.
We give you a simple choice of just two types of fund when you open your Lifetime ISA. You don't even have to stay in the same one, you can switch to the other at any time for free.
There are no hidden fees. We charge just one upfront fee for managing your Lifetime ISA, which is a 1.1% annual management charge.
Thanks to people like you, we've been able to give more than £4.75 million* in funding to courses such as food banks, homeless charities and schools since 2015. We're proud of our moral values and, as a OneFamily customer, we want you to be too.

* As at 31 December 2021

A hand holding a set of keys with a house-shaped keyring

25% government bonus on the money you invest

Available to 18-39 year olds

Designed to help you save for your first home or later life

2 simple climate-friendly investment options

How to transfer a Lifetime ISA

We make it as simple as possible to transfer a Lifetime ISA to us and we don't charge you to do so. However, please check with your current provider in case they have any charges.

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.

Choose a fund

Frequently asked questions - transferring to a OneFamily Lifetime ISA

Why transfer to a OneFamily Lifetime ISA?

Our Lifetime ISA invests in stocks and shares which means you could see more growth than cash over the long term - as with all investing, this approach does come with risk and you could lose money as well.

People choose OneFamily because we not only offer competitive charges, we also have a strong moral compass. We’re not owned by shareholders so we don’t pay dividends - put simply this means our profits can be used to benefit our members and our community.

We also care about the environment and offer climate-friendly stocks and shares ISAs and LISAs which invest in companies who take climate change seriously.

So, you can rest assured that you’re helping to support the companies that are working towards a more climate-friendly business model.

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 you know.

How much money can I put into a Lifetime ISA?

You can invest up to £4,000 a year in a Lifetime ISA. For every £4 of your own money you pay in, the government will add another £1, up to a maximum of £1,000 a year.

The limit resets on 1 April each year, regardless of how much money you’ve invested.

Our lifetime ISA calculator can show you how quickly you can reach your savings goals depending on how much you put in each month.

Will transferring my LISA to OneFamily affect my annual allowance?

If you’re moving your investments from an existing LISA into a OneFamily LISA, then this won’t count towards the yearly limit of how much you can invest.

If the money is currently not in a LISA account, for example if it’s in a Child Trust Fund that has matured, then moving money into a LISA will count towards your annual allowance.

If you are moving investments from an ISA into a Lifetime ISA then this will count towards the limit.

What's the difference between a stocks and shares LISA and a cash LISA?

Stocks and shares ISAs invest in the stock market while cash ISAs don’t. Your money is protected in a cash ISA, so it can’t go down to less than you’ve put in. A stocks and shares ISA is more risky – the amount you put in can go down but it also has a higher potential to go up.

Generally speaking, stocks and shares ISAs can be a good option if you’re saving long term. This is because dips in the stock market have less of an impact over time. People who are likely to need to take their money out within five years often choose cash ISAs.

Take a look at our complete guide to cash lifetime ISAs vs stocks and shares Lifetime ISAs.

How can I manage my account once I've moved to OneFamily?

Choose one of our Lifetime ISA options below

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.

Climate friendly

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 Higher

Fund 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

Climate friendly

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 and bonds to help reduce risk. Choose this fund if you want to invest in a responsible way while lowering risk of loss. Find out more about our climate investments

Avg. yearly
growth*
Fund
size
Global
investments

Risk rating

Lower Higher

Fund 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

Transfer to a Lifetime ISA

If you wish to transfer your OneFamily Child Trust Fund money into our Lifetime ISA, you'll need to log in to your account and then provide us with an instruction to move the money to our Lifetime ISA.