
HL Ready-Made Pension Plan
A simple investment solution designed exclusively for the HL Self-Invested Personal Pension and managed by experts.
Important information - Before you invest in the HL Ready-Made Pension Plan, you should understand that all investments can rise and fall in value. It's possible to get back less than you pay in. You'll usually need to be at least 55 (rising to 57 from 2028) before you can access the money in your pension. Before transferring a pension please check for any exit penalties and loss of valuable guarantees. Pension and tax rules can change, and any benefit will depend on your circumstances. If you're not sure what's best for your situation, you should ask for financial advice. This investment is managed by our sister company Hargreaves Lansdown Fund Managers Ltd.
What is the HL Ready-Made Pension Plan?
The HL Ready-Made Pension Plan is a simple, low-cost investment solution, exclusively available to our HL Self-Invested Personal Pension (SIPP) clients. The plan is managed by experts and aims to grow your money when you’re younger, then lower risk as you get closer to retirement. The plan is made up of two funds to help meet that objective.
The HL Ready-Made Plan is a simple, low-cost investment solution exclusive to the HL Self-Invested Personal Pension (SIPP). The plan is managed by experts and aims to grow your money when you’re younger, then de-risk your investments as you get closer to retirement. The plan is made up of two funds to help meet that objective.
The plan comes ready-made to help you manage your pension with confidence and convenience.
The HL Ready-Made Pension Plan is designed for people who:
- want to take control of their pension but don’t know where to invest
- need experts to make the day-to-day decisions
- are comfortable with medium-high investment risk for growth
- want lower investment risk closer to retirement age
- can review their investments at least once a year
As with all investments, the value held in the HL Ready-Made Pension Plan can rise and fall so you could get back less than you invest. If you’re not sure what’s right for your circumstances, you should ask for financial advice.

Mix and match your investments
You can start by investing 100% of your HL SIPP into the plan.
If you decide to add more money into your SIPP later you can add this to the plan, or choose different investments to hold alongside. Or as your confidence grows, you may decide to disinvest some of the plan and use that money to invest in other funds and shares.
Once your SIPP is open, you can add more money to the plan or choose different investments to hold alongside. Or as your confidence grows, you may decide to disinvest some of the plan and use that money to invest in other funds and shares.
We'll only adjust the investment risk of the portion held in the plan, so you’ll need to manage any other funds and shares yourself.

How to invest in the HL Ready-Made Pension Plan
The HL Ready-Made Pension Plan is a simple option, designed and managed by experts, with a maximum yearly charge of 0.75%. See full charges.
First you need to set up an HL SIPP. A Self-Invested Personal Pension is a type of account that puts you in charge. Find out more about the HL SIPP.
During your application you'll be asked how to invest the money in your SIPP and be presented with the HL Ready-Made Pension Plan as an option, including the Key Investor Information.
How to invest in the HL Ready-Made Pension Plan
The HL Ready-Made Pension Plan is a simple option, designed and managed by experts, with a maximum yearly charge of 0.75%. See full charges.
Start investing from as little as a £100 lump sum or £25 monthly Direct Debit.
Charges
You pay nothing up front. There’s a yearly charge which includes managing and adjusting investments within the plan.
Yearly charge based on an example £1,000 investment:
£3.00 (0.30%)
Plan management charge
£4.50 (0.45%)
HL account fee
£7.50 (0.75%)
Total yearly charge
The management charge is taken directly from the plan. This includes the management of the plan and all expenses other than for transactions within the funds, which can be an additional cost on top of this. These costs are incurred by all funds when investments within them are bought or sold and are reflected in fund prices. The HL account charge is for looking after your investments, which won’t exceed 0.45% per year. The above example assumes no growth.
The plan is managed by Hargreaves Lansdown Fund Managers Ltd, part of the Hargreaves Lansdown Group. If you invest, HL will benefit from the plan management charge, as well as the HL account charge.
Open an HL SIPP account
First you need to set up an HL SIPP. A Self-Invested Personal Pension (SIPP) is a type of account that puts you in charge. Find out more about the HL SIPP.
During your application you'll be asked how to invest the money in your SIPP and be presented with the HL Ready-Made Pension Plan as an option, including the Key Investor Information.
Invest in the HL Ready-Made Pension Plan
Start investing from as little as a £100 lump sum or £25 monthly Direct Debit.
They're always happy to assist, professional at all times and extremely knowledgeable.MR BOTH

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Help and support
If you have any questions about the HL SIPP, you can speak to one of our UK-based client support experts.
Call us on 0117 980 9926