Skip to main content
All CollectionsInvestingNEW: The Penfold Plan✨
What happens if I make a contribution or receive a transfer from another provider before the plan switch?
What happens if I make a contribution or receive a transfer from another provider before the plan switch?
Elis avatar
Written by Elis
Updated this week

Contributions or transfers from other pension providers received before the Penfold Plan launch date will be added to your current plan, and will then be transferred to the new plan on the day it launches in late February 2025.

For a short period (3-4 days) before the switch, we will stop investing any contributions or transfers received and will invest these in the new plan at the launch date.

Did this answer your question?