Transfer to the Vantage SIPP

If you already have a pension and are looking for the opportunity to take control of your pension in the search for better performance and the resulting higher income when you retire, we believe the HL Vantage SIPP could be for you.

When it comes to an important asset such as your pension, every percentage point counts, as the example below shows:

Diagram showing pension performance over 15 years at 5%, 6% and 7%

These figures exclude charges but this also serves
to demonstrate the importance of low costs.

After 15 years growth at 7% per annum the fund value is over £34,000 higher than if it had grown at 5% per annum. On larger pension funds, over longer periods of time the difference could easily be several times higher.

I don’t think I made a better financial decision in my life than to transfer to the HL SIPP

Mr Briskham, Bristol

Like Mr Briskham, thousands of people with existing pension arrangements are voting with their feet and switching to the HL Vantage SIPP. The potential for high growth is not the only reason people are switching:

Low charges, including no set-up fee, no transfer-in fee and no additional annual fee on over 1,700 funds.
Regularly discounted funds – up to 5.5% initial savings on top performing funds.
Ability to monitor and manage your pension online, by phone and by post. You can always find out the value of your pension with ease.
Frequent information on investments we believe have potential as well as updates on many investments you already hold.
Award winning service - if you have a question you can speak to our Bristol based pensions team. They will answer your questions in plain English.

The level of service you have provided relating to the transfer of existing pensions into the HL SIPP has been excellent. Thank you and well done.

Mr Barr, Angus

Transferring your pension to the HL Vantage SIPP is easier than you may think. Simply complete the Transfer Authorities section of the application form then leave the rest to us. We’ll contact your existing pension provider to arrange the transfer of your pension and then let you know when you can start enjoying the freedom of our SIPP.

What pensions can I transfer into the Vantage SIPP?

We can accept most types of pension, normally without the need for you to take advice. These include:

Personal Pensions Plans
Stakeholder Pension Plans
Retirement Annuity Contracts
Other SIPPs
Free Standing Additional Voluntary Contribution Plans (FSAVCs)
Executive Pension Plans (EPPs)
Most Paid Up Occupational Money Purchase Plans

If your pension is not listed above or contains any protected rights monies then please contact our helpdesk on 0800 138 2121 for more information.

Before transferring you should check whether the benefits such as your tax free cash entitlement are comparable with those offered by your existing pension and should make sure you are aware of any penalties you may be charged or any bonuses or guarantees you may lose.