Transferring your pillar 3a to frankly is easy

1. Download the frankly app for free, and open your pillar 3a, including your preferred strategy. It takes just a few minutes.
2. In the start screen of the frankly app, select «+» and then «transfer 3a to frankly».
3. Simply select your current pension provider from which you would like to transfer your pillar 3a assets to frankly.
4. In the next step, enter your policy number or IBAN at your current provider. If you don’t have them handy, you can just skip that step.
5. Now you can choose whether you would like to receive the PDF by post (including a prepaid envelope) or whether you would like to download and print it yourself.
6. Important: Check your information again, sign the form and send the transfer order to your current provider as soon as possible.

frankly note:

Depending on the provider, it may take several weeks to complete the order. When you transfer, please note that your securities will be sold and then reinvested. This means that, for a few days, you won’t have any investments. If you have index funds, you will also be required to pay issuing and redemption fees to the funds. However, the transaction fee will be waived in full if you transfer your account. Your client advisor will be happy to answer any questions you may have.

Incidentally, 3a assets are always fully dissolved and transferred to the new provider because, for legal reasons, pillar 3a cannot be split.