Question:
Hi, can you tell me is it possible to transfer an RA from one company to another. I have an Old Mutual RA that I would like to transfer to my Allan Gray RA.
Answer:
Des,
Yes, it is allowed/possible to transfer an RA from one company to another (from an Old Mutual RA to an Allan Gray RA) but you may incur some early termination charges.
The information and answers supplied in this section do not constitute advice as defined by the Financial Advisory and Intermediary Services Act, 37 of 2002.
