Tax year ends 5 April: act soon to secure your pension allowance and take advantage of special offers. Terms apply.

Self-Invested Personal Pension

Join the UK's largest direct SIPP provider

The UK's largest direct SIPP provider

Add money to your SIPP Transfer a pension

Open a SIPP Transfer a pension Add money to a SIPP

Important information - SIPP investors need to be happy to make their own investment decisions, and 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. Pension and tax rules can change and any benefits will depend on your circumstances. Before transferring a pension you should always check the costs involved first and whether you’d lose any valuable benefits. If you’re not sure what’s best for your situation, you should ask for financial advice.

Maximise your tax efficiency with additional contributions

Add up to £60,000 each tax year. Learn more.
Get up to 48% tax relief on contributions until age 75.
Easily change your payments to suit your financial situation.
Make a lump sum payment or set up a direct debit from as little as £25.

What is a SIPP?

Save up to £60,000 a year, free from UK income and capital gains tax.
Enjoy up to 45% tax relief (up to 48% for Scottish taxpayers) on contributions until age 75.
Pick from a wide range of investments or choose our hassle-free Ready-Made Pension Plan, managed by experts.
Take control of your retirement with access to all the main pension income options starting from age 55 (57 from 2028).
Pass on your pension tax-efficiently, often free from inheritance tax.

Tax rules can change, and benefits depend on individual circumstances.

Learn more about SIPPs

Cashback available

Get £100-£3,000 cashback

Get £100-£3,000 cashback on transfers

Enjoy up to £3,000 cashback when you open an HL Personal Pension (SIPP). Cash payments and transfers count towards your cashback.

You’ll need to keep the qualifying amount in your account until 31 March 2026. Cashback will be paid in April 2026.

Offer ends 5 April 2025. £10,000 min. Terms apply.

Enjoy up to £3,000 cashback when you transfer pensions to your HL SIPP.

You’ll need to keep the qualifying amount in your account until 31 March 2026. Cashback will be paid in April 2026.

Offer ends 5 April 2025. £10,000 min. Terms apply.

View offer and register

Amount paid in and/or 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

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

Your chance to win £50,000

Open or top up an HL Personal Pension (SIPP) to shelter your money from tax.

Make cash payments of at least £3,500 and you'll automatically enter our prize draw to win one of two £50,000 cash prizes.

Offer applies to contributions made between 10 February and 5 April 2025. You'll need to keep the qualifying amount in your account until 20 May 2025. Offer ends 5 April 2025.

Terms apply.

Join the UK's largest direct SIPP provider

The UK's largest direct SIPP provider

Trusted with £48.9bn of pensions
Multi-award-winning SIPP
Flexible contributions at your own pace

Open a SIPP Transfer a pension

Add money to your SIPP

Transfer old pensions to your SIPP

See your pensions in one place, alongside your other investments and savings.
Seamless, cost-effective transfer process.
Pick your own investments, or choose our Ready-Made Pension Plan for a hassle-free option managed by experts.

Find out more about transferring

Get advice on your retirement plans

Retirement is a time when you may feel unsure about what to do with your money and need help to make decisions.

Our financial advisers can work with you to plan your retirement income strategy. They can also make sure your investments match your goals and give you advice on when and how to take your pension.

Learn more

Where can you invest?

Pick your own investments

Choose from thousands of funds, UK and overseas shares, investment trusts and more to match your personal values and goals.

Search investments

Expert investment ideas

See the latest funds chosen by experts to help you pick your own investments with confidence.

SIPP investment ideas

Ready-made pension plan

A hassle-free, expert-managed option. The HL Ready-Made Pension Plan is a simple, low-cost investment solution.

Find out more

How to open an HL SIPP

Set up a direct debit from as little as £25 a month, or make a one-off payment of £100 or more.

You can also transfer pensions from another provider, including old workplace pensions.

Open a SIPP Transfer a pension

Where can you invest?

Pick your own investments

Choose from thousands of funds, UK and overseas shares, investment trusts and more to match your personal values and goals.

Search investments

Expert investment ideas

See the latest funds chosen by experts to help you pick your own investments with confidence.

SIPP investment ideas

Ready-made pension plan

A hassle-free, expert-managed option. The HL Ready-Made Pension Plan is a simple, low-cost investment solution.

Find out more

HL SIPP charges

Free to set up with low running costs. Plus, no charge to withdraw money from age 55.

Our annual charge is no more than 0.45% for holding investments. Some investments will have their own annual charges.

Buying and selling funds is free, but other investment types may have their own charges based on the type and frequency of trading.

See full charges

I think of HL as the Waitrose of the financial world. They are good value and provide me with a good service.

Alan

Manage your pension with ease

With our award-winning investment app

See all your accounts in one place
Check investment performance at a glance
Stay up to date with the latest news and insight
Place trades, add money, track live prices and more

Trusted by over 550,000 SIPP clients

Meet Julie, our very first Self-Invested Personal Pension (SIPP) client, as she shares her inspiring journey of saving for retirement with HL.

Drone footage of Dunnington, York, is shown on screen. Background music plays. We see upclose snippets of Julie's home, such as books and decorations.

The voice of Julie, an HL client, is introduced over the footage.

"One of my values is independence and flexibility. I needed a pension really that would tick those boxes. The Hargreaves Lansdown SIPP did that for me."

We see Julie talking in front of the camera.

"The SIPP has certainly kind of worked very well for me because it needed to be flexible. My income was up and down. It was ad hoc. I wanted to be able to choose how much to put into each year, and sort of feel like I had a control over my future."

"I quite enjoyed, you know, keeping an eye on it and making my own decisions. And as your life changes, you know that you've got that adaptability, that flexibility within the SIPP. Because life will throw all sorts of things at you. You need to be ready to move with that."

We see Julie visiting the HL website using her computer.

"So I think I probably felt very at home with Hargreaves Lansdown over the years, just they’re my go to."

"They seemed to be a good kind of respected company, and I think they stood the test of time in that respect."

"The service, actually, is one of the key things that they offer, which has kept me engaged with them over all these years. I do you feel like you can always pick up the phone and speak to somebody at Hargreaves Lansdown. You get straight through to them, there's no messing about, which is unusual these days. They're there for you and they’re caring and have time for you. So that's that's very good too isn't it, personal touch."

We see footage of Julie reading a book on a chair with her dog.

"Retirement is definitely about, you know, working less and living more. I look at my holdings now and the amount I've got in the SIPP and I'm very pleasantly surprised. Amazed even. It's a very happy and comfortable feeling."

"I do feel oddly fond of Hargreaves Lansdown and my SIPP. I feel like we sort of built it together."

"I think the SIPP it's almost like a friend. It's come along with me on my journey and it's still there, and I can just see it kind of rolling on each year. I enjoy referring to it and seeing it grow. It's just giving me that sense of safety and security, but also it's just a source of, a bit of a source of joy, really."

Drone footage of Julie's home is shown on screen. Julie is seen in her garden playing fetch with her dog.

"I've invested that money from an early age. It's like the culmination almost, of my working life. At the end, you know, if you have got this sort of pot that you've created and you've contributed to over all those working years it’s kind of a little bit of a testament or a legacy that you've created, either for yourself or for your nearest and dearest to pass on to them or to enjoy with them actually."

This video isn’t personal advice. If you’re not sure what’s right for you, ask us for financial advice. Remember, a SIPP is designed for people who are happy to make their own investment decisions. Pension funds are typically accessible from age 55 (rising to 57 in 2028). Investments can go down as well as up in value, meaning you may get back less than you put in.

Open a SIPP Transfer a pension

Get advice on your retirement plans

Retirement is a time when you may feel unsure about what to do with your money and need help to make decisions.

Our financial advisers can work with you to plan your retirement income strategy. They can also make sure your investments match your goals and give you advice on when and how to take your pension.

Learn more

SIPP FAQs

Anyone under the age of 75 who is a UK resident or a Crown employee, or their spouse or civil partner who is working overseas, can open and pay into a SIPP.
Yes, you can have both a SIPP and your existing workplace pension, and this can be a flexible way to top up your retirement savings tax-efficiently. If you have access to a workplace pension, make sure you’re maximising any employer contributions before deciding whether to pay into a SIPP. You’ll also need to make sure the money put in across all your pensions each year (including any basic rate tax relief added by the government) doesn't go over the total pension annual allowance of £60,000.
You can set up an HL SIPP from as little as £25 a month, or by making a one-off contribution of £100 or more. All you need to hand is your National Insurance number and either your bank details or debit card.

You can also open an HL SIPP by transferring a pension. The fastest way to transfer is online. You'll need your pension name and type (e.g. Aviva personal pension), policy number and pension value (this doesn't have to be exact) to get started. You should be able to find these details on your annual statement or can ask your current provider when you’re checking what exit fees apply or if you’ll lose any valuable benefits.
You can have as many SIPPs as you like, but you just need to make sure the money you put in across all your SIPPs each year doesn't go over the total pension annual allowance.

View all SIPP FAQs

SIPP Account FAQs

Adding money to your HL accounts gives you more to save and is usually quickest online. Here's how to add money to a SIPP.

Before you start
- You cannot usually access money in a SIPP until age 55 (57 from 2028). Make sure you are comfortable with this and have read the SIPP Key Features, before you add money.
- The debit card you use should be in the same name as the HL account holder, and registered to your home address.
- If you're looking to top up by employer contribution then visit this page.
How to add money on the website
1. Log in online to see your accounts
2. From the list of actions, select ‘Top up’ next to 'Self-Invested Personal Pension (SIPP)'
3. Read the Key Features and terms and conditions before going any further
4. Enter the amount of money you want to add (£1 minimum)
5. Enter the 16-digit number across the middle of your debit card
6. Enter your card’s expiry date in the format MM/YY
7. Enter the CVC number. This is the last 3 digits on the back of the card
8. Select ‘Make payment’ to confirm
Add money online

How to add money on the mobile app
1. Select ‘Accounts’ in the bottom left corner
2. Log in using the verification method you have set up
3. Select 'Self-Invested Personal Pension (SIPP)'
4. Read the important information shown
5. Enter the amount you want to add then select ‘Continue’
6. Enter the details of the debit card you want to use
7. Select ‘Make payment’ to confirm
What happens next

Your ‘amount available to invest’ will update as soon as the payment is authorised, although the money may not leave your bank account until a few days later.

You will be able to trade as soon as you have added money.
Direct debits mean you can add money to an HL Self-Invested Personal Pension (SIPP) and invest automatically each month. Here's how to set up or amend a direct debit.

How to set up a direct debit

Before you start

You will need your login details to hand. If you have not yet set these up by registering for online access, you can register here.

You can invest a minimum of £25 per fund or share each month.

How to set up on the website
1. Log in online to see your accounts
2. Select 'Self-Invested Personal Pension (SIPP)'
3. Select the 'Monthly savings' tab from the options above your account overview
4. Select 'Start a Regular Savings plan in this account now'
5. Ensure you have read the Key Features
6. If you wish to invest monthly in a fund, select 'Add Fund'
7. Select a fund manager from the drop-down menu, then select a fund from the second drop-down menu
8. Enter the amount you want to invest in your chosen fund every month. The minimum is £25
9. To invest in a share every month, select 'Add Share'
10. Select a share from the drop-down menu
11. Enter the amount you want to invest in your chosen share every month
12. If you want to leave any money uninvested each month, enter this amount in the last box then select 'Next'
13. Add your bank details, then select 'Next' to confirm
How to set up on the mobile app
1. Log in to see your accounts
2. Select 'Self-Invested Personal Pension (SIPP)'
3. Select the 'Monthly savings' tab from the options above your account overview
4. Select 'Start a Regular Savings plan in this account now'
5. Ensure you have read the Key Features
6. If you wish to invest monthly in a fund, select 'Add Fund'
7. Select a fund manager from the drop-down menu, then select a fund from the second drop-down menu
8. Enter the amount you want to invest in your chosen fund every month. The minimum is £25
9. To invest in a share every month, select 'Add Share'
10. Select a share from the drop-down menu
11. Enter the amount you want to invest in your chosen share every month
12. If you want to leave any money uninvested each month, enter this amount in the last box then select 'Next'
13. Add your bank details, then select 'Next' to confirm
What happens next

You will see confirmation of your monthly savings plan on the next page.

The money will be taken on the 7th of each month, and your trades made on the 10th.

How to amend a direct debit

It is possible to amend your regular investing instructions via the HL app or online.

How to amend on the website
1. Log in and select 'Self-Invested Personal Pension (SIPP)'
2. Click on ‘Monthly savings’ and follow the instructions
You can change your direct debit and investments at any time, but any changes made fewer than 7 working days before the direct debit is taken will apply from the following month.

To cancel your direct debit you'll need to contact your bank.

How to amend on the mobile app
1. Download the free HL mobile app and log in
2. Tap 'Self-Invested Personal Pension (SIPP)'
3. Tap the menu in the top right hand corner
4. Tap 'Regular Investing' and follow the instructions
Unless you're aged 55 and ready to choose a retirement option, you cannot withdraw from your SIPP.

Take a look at your available retirement options to see how best to take money from your pension when you're ready.
How much you can pay into your pension depends on your personal circumstances. Pension contributions are limited by the pension annual allowance which is £60,000 each tax year for most people. Any contributions made by you and your employer count towards it, as does any basic rate tax relief added by the government.

More on pension contributions

View all SIPP FAQs

Ready-Made Investments

Ready-Made Pension Plan

Stocks and Shares ISA

Fund and Share Account

Cash ISA

Junior Stocks and Shares ISA

SIPP (Self-Invested Personal Pension)

Active Savings Account

Lifetime ISA

Junior SIPP (Child's pension)

Bare Trust Account

Ready-Made Investments

Ready-Made Pension Plan

Lifetime ISA

Stocks and Shares ISA

Fund and Share Account

Cash ISA

Junior Stocks and Shares ISA

SIPP (Self-Invested Personal Pension)

Active Savings Account

Junior SIPP (Child's pension)

Bare Trust Account

Self-Invested Personal Pension

Join the UK's largest direct SIPP provider

The UK's largest direct SIPP provider

Maximise your tax efficiency with additional contributions

What is a SIPP?

Get £100-£3,000 cashback

Get £100-£3,000 cashback on transfers

Your chance to win £50,000

Join the UK's largest direct SIPP provider

The UK's largest direct SIPP provider

Transfer old pensions to your SIPP

Get advice on your retirement plans

Where can you invest?

Pick your own investments

Expert investment ideas

Ready-made pension plan

How to open an HL SIPP

Where can you invest?

Pick your own investments

Expert investment ideas

Ready-made pension plan

HL SIPP charges

Manage your pension with ease

With our award-winning investment app

Trusted by over 550,000 SIPP clients

Get advice on your retirement plans

SIPP FAQs

SIPP Account FAQs