Terms applicable if you’re opening a new Self-Invested Personal
Subject to these terms and conditions, if you register for our HL Self-Invested Personal Pension (“SIPP”)
Cashback Offer (the “Offer”) and apply to transfer existing pensions from other providers and/or make qualifying
cash contributions into a new SIPP between 10 February 2025 and 5 April 2025 inclusive (the “Offer Period”), you
will receive cashback depending on the amount you contribute and/or transfer.
Eligibility: To qualify for the Offer, you must:
• apply to transfer or make qualifying cash contributions totalling at least £10,000 into a new HL SIPP within
the Offer Period
Cashback Calculation and Payment: The total value of your cashback will be based on the cumulative value of
qualifying pension transfers and contributions to your new HL SIPP made within the Offer Period. If you're
unsure how your transfers or contributions will be treated under the Offer, contact us before you apply or make
a payment.
• Transfers: Only transfers in of existing pensions from other providers will qualify for the Offer and be
considered qualifying transfers to determine the value of your cashback payment.
Terms applicable if you already have a Self-Invested Personal Pension
Subject to these terms and conditions, if you hold a 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 cashback
depending on the amount you transfer.
Eligibility: To qualify for the Offer, you must:
• apply to transfer a pension of at least £10,000 into your existing HL SIPP within the Offer Period;
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. If you're unsure how
your transfers will be treated under the Offer, please contact us before you apply.
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. You should be aware of your annual allowances before adding money.
Terms relating to both of the above offers:
| 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 |
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;
• not be a client making a contribution to an HL SIPP or PMS SIPP via HL Advisory Services;
• register for the Offer by 11:59pm on 5 April 2025;
• comply with these terms and conditions.
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.
Cashback Calculation and Payment: The maximum cashback payment you can receive under this Offer is £3,000. The
cashback payment will be paid into your Loyalty
Confidential
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. 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.
Account retention: If you transfer any portion of your new 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. 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.
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).
Exclusions: The following are excluded from the offer:
• Transfers of defined benefit/final salary pension;
• The lodgement of certificated shares;
• Contributions made via regular savings;
• 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 or contributions into any HL account other than your HL SIPP including into a PMS SIPP.
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.
Suspension or removal: We reserve the right to remove or suspend the Offer at any time and for any or no
reason 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.
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.
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.