Workplace Self-Invested Personal Pension

• The HL SIPP is a type of pension for people who want to choose their own investments without advice. Our website doesn’t give personal advice. If you’re not sure which investments are right for you, please ask us for advice.

• Investments should be made for the long term. They can go up and down in value so you could get back less than you put in. The income your investments pay may change over time.

• Once your money is in a pension, you can’t usually take it out until you’re 55. Or 57 from 2028. Up to 25% is usually tax free and the rest is taxed as income.

• Tax rules can change and the tax relief you get is based on your circumstances.

• If you’re transferring a pension, check you won’t lose any benefits or have to pay excessive leaving fees.

Please read the HL SIPP declaration, Terms & Conditions (including tariff of charges), Important Investment Notes and the SIPP Key Features (including the transfer and contribution checklists and common transfer declaration) carefully.

By applying for the HL Workplace SIPP, you agree to be bound by our terms so it is important you understand these documents. Please contact us if you have any queries.