Transfer your pension
Get your pension SIPP-shape.
Invest smarter for your retirement with our low-cost SIPP - and get £200 cashback.
Offer ends 31 May. New customers only. Minimum £15k deposit. Cashback paid after 12 months. Terms apply.
Please remember, SIPPs are aimed at people happy to make their own investment decisions. Investment value can go up or down and you could get back less than you invest. You can normally only access the money from age 55 (57 from 2028). We recommend seeking advice from a suitably qualified financial advisor before making any decisions. Pension and tax rules depend on your circumstances and may change in future.
What is a SIPP?
A SIPP, or Self Invested Personal Pension, is a type of pension that gives you control over how and where you choose to invest.
You can combine multiple pensions into one SIPP, making how much you will have in retirement much easier to track.
The ii SIPP could even save you a lot of money in charges thanks to our low, flat fee. Most pension providers charge a percentage fee, which grow with your pension value.
Why transfer to the ii SIPP?
- Our low, flat fee could leave you much better off in the long term.
- There's no fee to transfer in, and it's free to leave.
- Choose from more than 40,000 UK and global investment options– including funds, trusts and ETFs.
- Flexible pension drawdown options available.
- Combine old pensions for simpler retirement planning.
*We've crunched the numbers: If you invested in our SIPP, after 30 years you could be better off by £85k. That's more than £1,000 difference a year, just for using us over another platform. Lots of things can affect your final figure. But the lower the fees, the more money you'll keep for yourself. This is just for illustration if all other factors were the same. Don't just take our word for it: check our working out here.
Get £200 when you open a SIPP.
When you open an ii SIPP and fund it with £15,000 or more, we’ll give you £200 cashback.
And don't forget, transferring your pension to our SIPP counts towards the cashback. So if you’ve been thinking of transferring, here’s your chance to make the move to ii.
Offer ends 31 May 2024. New customers only. Cashback paid after 12 months. Terms apply.
Check before you transfer
Please check that you won’t lose any safeguarded benefits if you transfer. This could include guaranteed annuity rates or a lower protected pension age than the Normal Minimum Pension Age (rising from 55 to 57 in 2028). It’s also worth checking for any transfer-out charges.
It's important that you take enough time to decide whether transferring your pension is right for you. If you need more time and wish to qualify for this offer, please wait until the next offer period - we promote transfers to the ii SIPP on a regular basis.
Having everything under one roof makes things much easier, as I no longer have to deal with multiple providers.
How can Pension Wise help?
If you have a defined contribution pension scheme and are 50 or over, then you can access free, impartial guidance on your pension options by booking a face to face or telephone appointment with Pension Wise, a service from MoneyHelper.
If you are under 50, you can still access free, impartial help and information about your pensions from MoneyHelper.
We promote transfers to the ii SIPP on a regular basis. It is important that you take enough time to decide whether transferring your pensions is right for you. If you need more time and wish to qualify for an offer, please wait until the next offer period.
Things to consider before you transfer
Please check that you won’t lose any safeguarded benefits if you transfer. This could include guaranteed annuity rates or lower protected pension age than the Normal Minimum Pension Age (rising from 55 to 57 in 2028). Please also check any transfer-out fees.
Please note that if you plan to hold both drawdown and non-drawdown pots in your ii SIPP, you cannot allocate specific investments to each pot separately. This means that the value of each pot will change in line with the overall performance of all the investments held in your SIPP.