Transfer pensions to your HL SIPP
Register for £100-£3,000 cashback offer
Transfer pensions over £10,000 to your HL SIPP to qualify. Offer ends 5 April 2025. Full terms and registration form below.
To get this offer, you need to register your interest and submit your transfer application by 5 April 2025.
You must also keep your money in your SIPP until 31 March 2026 (exceptions apply if taking retirement benefits). You'll receive your cashback by 30 April 2026, or later if a transfer hasn’t completed by then - see full terms for details.
If you need more time to transfer, you can register for a 6-month extension.
It's free to transfer to us, but before transferring you should ask your current provider if there are any exit fees, or if you’ll lose any valuable benefits. Transfers of a defined benefit/final salary pension will not qualify for cashback.
Please note: Investments can rise as well as fall in value, so you could get back less than you invest. This isn’t personal advice. If you’re not sure if transferring is right for you, please ask us for financial advice.
| Amount transferred | Cashback |
|---|---|
| £10,000 - £99,999 | £100 |
| £100,000 - £249,999 | £250 |
| £250,000 - £499,999 | £500 |
| £500,000 - £999,999 | £1,000 |
| £1,000,000+ | £3,000 |
Thank you for registering for our latest cashback offer
You should receive a confirmation email shortly.
Ready to transfer now?
What to check before you transfer
Most providers will sell your investments and transfer the money as cash. You'll be out of the investment market for a while, and can choose investments after your transfer is complete.
If you have a SIPP or Small Self-Administratered Scheme (SSAS) pension, your provider may let you transfer your investments as they are. You stay invested throughout the transfer, but you cannot buy or sell investments while the transfer is in progress.
Before you apply to transfer, make sure that all your personal details (including current name and address) are up to date with your existing provider. This can help to avoid delays. You should also check for exit fees, and that you won’t lose any valuable benefits or guarantees before applying.
This is not personal advice. If you’re not sure what’s best for you, ask us about advice.
How to transfer
The fastest way to apply is online. Make sure you’ve read through our Terms & Conditions (including charges) and Key Features (including the Important Investment Notes, Transfer Checklist and Common Transfer Declaration) first. If you prefer, we can send you an application in the post - just select this option below.
Transferring a drawdown pension?
You'll need to request a transfer pack. This includes a postal drawdown transfer form.
Request drawdown transfer pack
We'll take care of the rest
Once we receive your application, we’ll contact your current provider and start your transfer. We’ll also keep you updated along the way and let you know once your transfer is complete.
There was a problem signing up.
Please contact us for help.
FAQs
I had a number of pensions held elsewhere that I moved into my SIPP. I am in a better place now in terms of information, understanding of what my portfolio is, and what options I’ve got.
Alan
Alan
I transferred my pension to HL, and they made the process smooth, keeping me updated every step of the way. They were always responsive, helpful, and easy to talk to.
Naveed
Naveed
Talk to our transfer team
If you’re considering transferring, but you’ve got some questions about our service or charges please get in touch. Our experts can talk you through the application process and help you to decide if transferring is right for you.
During your call, you'll get answers to your questions. But you won’t get personal advice.
Call 0117 980 9926 or book a 30-minute appointment
Terms of the Existing HL Self-Invested Personal Pension Client Cashback Offer (10 February 2025 – 5 April 2025)
1. Subject to these terms and conditions, if you hold an HL Self-Invested Personal Pension (“SIPP”) on 9 February 2025, register for our SIPP Client Cashback Offer (the “Offer”) and apply to transfer a pension into your HL SIPP between 10 February 2025 and 5 April 2025 inclusive (the “Offer Period”), you will receive the following cashback depending on the amount you transfer:
| Amount transferred | Cashback |
|---|---|
| £10,000 - £99,999 | £100 |
| £100,000 - £249,999 | £250 |
| £250,000 - £499,999 | £500 |
| £500,000 - £999,999 | £1,000 |
| £1,000,000+ | £3,000 |
2. Eligibility: To qualify for the Offer, you must:
• be a UK resident;
• be aged 18 or over;
• not be an employee of any Hargreaves Lansdown group company or a member of any such employee’s immediate
family or household;
• not hold an HL Group SIPP as a member of an HL Workplace pension scheme;
• register for the Offer by 11:59pm on 5 April 2025;
• apply to transfer a pension of at least £10,000 into your existing HL SIPP within the Offer Period; and
• comply with these terms and conditions.
3. Registration: You can register for the Offer by completing the online registration form, postal registration form, or asking us via Secure Message or telephone. If you do not register for the Offer within the Offer Period, no cashback will be paid. If you register for the Offer and we receive your qualifying transfer application(s) within the Offer Period, even if the transfer itself isn’t completed until after the Offer closes, you will still qualify.
4. Cashback Calculation/Payment: The total value of your cashback value will be based on the cumulative value of your qualifying pension transfers into your existing HL SIPP made within the Offer Period. The maximum cashback payment you can receive under this Offer is £3,000. The cashback payment will be paid into your Loyalty Bonus Account by 30 April 2026 or within 8 weeks from the date your final qualifying transfer completes if later. The payment date will be determined by us. The cashback can be kept in your Loyalty Bonus Account, withdrawn, or transferred to another of your HL accounts. If moved into an ISA or SIPP, this will count towards your annual allowance. The cashback will be funded by Hargreaves Lansdown, not from your own cash or investments, and we reserve the right to determine how cashback payments are calculated. If you're unsure how your transfers will be treated under the Offer, contact us before you apply. By registering for the Offer and making a qualifying contribution within the Offer Period, you agree to be bound by the terms of this Offer.
5. Account retention: If you transfer any portion of your HL SIPP away, make a withdrawal, or close it, leaving your account balance lower than the minimum eligibility value, before 31 March 2026, the cashback will not be paid for this portion if it leaves your account balance below the value added during the Offer Period. The only exceptions are for tax free cash withdrawals, annuity purchases brokered by Hargreaves Lansdown, drawdowns or UFPLS applications through the HL service. You are free to switch between investments and in and out of cash within your HL SIPP.
6. Transfer extension: If you need more time, you can complete the online extension form, call our Helpdesk or send us a Secure Message through your online account by 11:59pm on 5 April 2025 to extend the pension transfer deadline by six months (until 5 October 2025).
7. Contributions: Only transfers into your existing HL SIPP will qualify for the Offer. It isn’t possible to combine the value of transfers into other HL products or accounts with different client numbers for the purposes of this Offer.
8. Exclusions: The following are excluded from the offer:
• Transfers of a defined benefit/final salary pensions;
• The lodgement of certificated shares;
• Movements of investments or cash already held on the HL platform (including switches, transfers or
maturities between HL accounts and interest received on any assets held in those accounts); and
• Transfers into any HL account other than your existing HL SIPP including a PMS SIPP.
9. Conjunction with other offers: You may qualify for multiple offers launched during this Offer Period assuming you meet the eligibility criteria for each offer. If you have previously opted into an offer for which you are still eligible, which relates to the same product, we will assume that it is the first offer you wish to participate in. If you’re unsure about your registration or eligibility, please contact us to confirm your details.
10. Suspension or removal: We reserve the right to remove or suspend the Offer at any time for any reason, including legal or regulatory reasons by posting a notice on our website. If the Offer ends early, all qualifying applications received before the notice will still be accepted. You can opt out of the Offer at any time by contacting our Helpdesk on 0117 900 9000.
11. Governing Law: These terms are governed by the laws of England and Wales and are subject to the exclusive jurisdiction of the courts of England and Wales.
12. Company Information: This Offer is provided by Hargreaves Lansdown Asset Management Limited (company number 01896481), whose registered office is 1 College Square South, Anchor Road, Bristol, BS1 5HL. References in these terms and conditions to “our”, “us” or “we” are to Hargreaves Lansdown Asset Management Limited.