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Transfer your pension to a SIPP

Cash back Transfer to Vantage

Take control of your pensions today

Make your pensions easier to manage & receive cash back (terms & details below)

Transfer now

Please ensure you won't lose valuable guarantees
or benefits or incur excessive exit fees.

If you're happy making your own investment decisions and you want to take control of your pensions, transferring them to the Vantage SIPP is easy - we'll do all the legwork for you.

Investments can go down as well as up so there is always a danger that you could get back less than you invest. Nothing here is personalised advice, if unsure you should seek advice.

Reasons to transfer:

  • Simple consolidation process - transfer old pensions into one pot, making them easier to manage.

  • We make it easy for you - manage your account online, by phone, post, or using one of our apps.

  • Great value - access to free research, articles, tools and insight from our team of investment experts. See our charges.

  • Service on hand when you need it - our Pension Helpdesk are here to help 6 days a week with any questions.

  • Choose from a wide range of investments - whether you're an experienced investor, just starting or want to leave it to an expert, we can offer the right investments for you.

Transfer now

Receive £20 to £500 cash back

Transfer £5,000 or more by 22 June 2016 and we will pay you £20 to £500. The money is a thank you from us and won’t come from your account. The more you transfer, the more you receive - see below. Terms apply.

To qualify automatically you must apply by 22 June 2016. However, if you need more time to decide please let us know and we will extend your deadline by six months. To request more time simply call our Helpdesk on 0117 980 9926 or email transferoffer@hl.co.uk with your full name and address.

You will receive your cash back after the offer closes and all your transfers complete. All we ask is you keep your account with us for at least a year. We may ask you to repay the cash back if you transfer away or close your account within that time.

ISAs, funds and shares transferred to the Vantage Service also qualify for cash back. Certificated share transfers do not qualify for cash back.

You transfer We pay you
£5,000 - £24,999 £20
£25,000 - £49,999 £50
£50,000 - £99,999 £100
£100,000 - £149,999 £250
£150,000+ £500

Which pensions can you transfer?

You can transfer most types of pension to the Vantage SIPP (the total combined value of pensions being transferred must be £1,000 or more), normally without needing advice. These include:

  • Personal and stakeholder pensions
  • Retirement Annuity Contracts (RACs)
  • Other SIPPs
  • Most Additional Voluntary Contribution plans (AVCs) including Free Standing AVCs
  • Executive Pension Plans (EPPs)
  • Most paid-up occupational money purchase pensions
  • Old protected rights pensions accrued from contracting out of the State Second Pension or SERPS (State Earnings Related Pension)
  • Pensions in drawdown

If you have a final salary pension, or another type not listed above, please call our Pensions Helpdesk on 0117 980 9926 for more information.

How to transfer a pension

Simply fill in a two-minute pension transfer form and return it to us at the FREEPOST address on the form. We will then arrange the transfer for you and let you know when you can start enjoying the freedom of managing your SIPP. Most pensions are transferred electronically, taking just 9 working days on average.

Unsure where to invest? The Vantage SIPP lets you choose your own investments but there's no need to choose today - we will transfer your pension as cash so you can decide when the transfer completes. This means it will be unaffected by stock market rises or falls during this period.

What should you consider when transferring pensions?

Before you transfer, please ensure you have read and understood the Vantage SIPP Key Features (including the Transfer Checklist and Common Transfer Declaration), Terms & Conditions and Important Investment Notes. Please also ensure you won't lose any valuable guarantees or benefits or incur excessive exit fees.

You should also check whether benefits such as your tax-free cash entitlement are comparable with those offered by your existing pension and make sure you are aware of any penalties you may be charged, or any bonuses or guarantees you may lose by transferring.

99.6% of clients find transferring easy or very easy.

Source: HL survey, February 2016, 233 responses

Important information

A SIPP is a type of pension for people happy to make their own investment decisions. Investments go down in value as well as up so you could get back less than you invest. The rules mentioned are those currently applying and could change in the future. You can normally only access the money from age 55 (57 from 2028). Tax reliefs depend on your circumstances. This website is not personal advice, if you are unsure an investment is right for you, please seek advice.

Have a question?Have a question?

0117 980 9926

Client case study

"Consolidating my pensions in a Vantage SIPP has made them much more visible and I regularly check how they are performing."

Tim Hurst, London

Read case study
SIPP case study - Tim Hurst

"My pensions have always been quite fragmented, which made it difficult to see the bigger picture and plan across the board.

I had been aware of Hargreaves Lansdown for some time and had heard by word of mouth their service was good. Consolidating my pensions in a Vantage SIPP has made them much more visible and I regularly check how they are performing.

I wanted to be able to manage my portfolio efficiently as a whole, so I’ve also transferred my ISAs to Hargreaves Lansdown. When I come to retire, having my investments in one place should make decisions of how to draw any income easier.

I’ve found the service easy and user friendly and the telephone support has been incredibly professional. When I first phoned I expected to get through to a switchboard, but my call was answered by someone very knowledgeable. They explained my options which allowed me to make sensible decisions. The transfer only took a few weeks and there is plenty of information to help me choose investments."

Tim Hurst, London

Best SIPP Provider

Best SIPP Provider
2007-2015

What Investment Readers Award