Pension transfer cashback offer

Get 1% cashback when you transfer a pension to Freetrade.

Transfer at least £10,000 to qualify. Cashback capped at £2,000. Annual subscription required.

Read the FAQs and T&Cs for more information.

Capital at risk. SIPP eligibility, tax rules and T&Cs apply.

Smartphone with freetrade app open and which recommended provider badge

When you invest, your capital is at risk. The value of your portfolio can go down as well as up and you may get back less than you invest. Tax treatment depends on your personal circumstances and current rules may change. US dividends received into your SIPP may be subject to US withholding tax.

Check before you transfer a pension to us that we can accept your investments, you won’t lose any guarantees, and that you know what charges you may incur. Seek advice if you are unsure about making a transfer. Always do your own research.

Pensions that are transferred to the Freetrade SIPP may lose the protected pension age benefit, if applicable to you, meaning that you will need to wait longer until you can draw monies from your Freetrade SIPP. Please ensure you know what this means for you and the effect it may have on you and your savings.

Freetrade won't charge you to transfer your pension to us, but please check with your existing provider what fees or restrictions may apply from them. We cannot provide you with any advice therefore it is your responsibility to ensure you are happy that transferring to the Freetrade Pension is right for you.

If you're unsure if transferring your pension to Freetrade is right, you should take advice from a suitably qualified financial adviser. For more info, see our SIPP Key Features Document, Terms and Conditions, Charges Schedule and SIPP Declarations.

Thinking of simplifying your pensions?

‍

Moving your pensions under one roof could:

‍

Reduce your costs and commissions
Ensure your investments are aligned with your goals
Give you better visibility and control over your retirement pot

‍

Transfer one or more pensions to Freetrade and we’ll pay 1% cashback on the value of your transfer.

‍Transfer at least £10,000 to qualify. Cashback capped at £2,000. Annual subscription required. See full terms and conditions. Offer ends 31 December 2024.

How it works for new SIPP customers

01
Open a Freetrade SIPP with an annual Plus subscription.
02
Initiate one or more pension transfers totalling at least £10,000 by 31 December 2024. Only pension transfers will qualify for cashback, not cash moves or top-ups into your SIPP.
03
Once your transfer completes, you’ll get 1% cashback on the value of your transfer. It will be paid into your General Investment Account (GIA) within 60 days of the transfer completing.
04
If you close, withdraw, or transfer your SIPP elsewhere before we pay you cashback, you will no longer qualify.

Important: If you close, withdraw, or transfer your SIPP elsewhere before we pay you cashback, you will no longer qualify.

Portfolio screen

SIPP graphic

How it works for existing SIPP customers

01
Ensure you have a Freetrade SIPP with an annual Plus subscription.
02
Initiate one or more pension transfers totalling at least £10,000 by 31 December 2024. Only pension transfers will qualify for cashback, not cash moves or top-ups into your SIPP.
03
Once your transfer completes, you’ll get 1% cashback on the value of your transfer. It will be paid into your General Investment Account (GIA) within 60 days of the transfer completing.
04
If you close, withdraw, or transfer your SIPP elsewhere before we pay you cashback, you will no longer qualify.

Important: If you close, withdraw, or transfer your SIPP elsewhere before we pay you cashback, you will no longer qualify.

Transfer a pension

Portfolio screen

The Freetrade SIPP

How much do you know about your existing pension plans? Do you know their value, what they are invested in, or how many you have?

For many of us, the answer is ‘no’. If you want to be in control of your retirement fund, transferring to a self-invested personal pension (SIPP) might be the right choice for you.

‍Give your pension a new home at Freetrade.
‍With a low fixed fee, your pension plan can grow without your fees growing too.

Pension Transfer

FAQs

A SIPP is a pension designed for you to save until your retirement and is for people who want to make their own investment decisions. You can normally only draw your pension from age 55 (57 from 2028), except in special circumstances.

At present, Freetrade only supports Uncrystallised Fund Pension Lump Sums (UFPLS) for customers who wish to withdraw funds from their SIPP after their 55th birthday. We strongly encourage you to seek financial advice before making any withdrawals from your SIPP.

Pick the plan that suits you best

Save 17% when you choose an annual subscription.

£0.00

/Month

Accounts

General Investment Account

Benefits

A great way to try Freetrade before transferring your ISA or pension
Unlimited commission-free trades. Other charges may apply.
Trade USD and EUR stocks at the exchange rate + 0.99% FX fee
Access to a selection of Freetrade’s 6,200+ global stocks and ETFs
1% AER on up to £1,000 uninvested cash
Fractional US shares
Access to mobile app and web platform

£4.99

/Month

£59.88 billed annually

Accounts

General Investment Account
Stocks and shares ISA

Everything in Basic and:

Access to 6,200+ stocks and ETFs
A lower FX fee of 0.59% on non-GBP trades
3% AER on up to £2,000 uninvested cash
Automated order types, including recurring orders
More stats and analysis, including analyst ratings and EPS estimates

Get Standard Now

£9.99

/Month

£119.88 billed annually

Accounts

General Investment Account
Stocks and shares ISA
Personal pension

Everything in Standard and:

A lower FX fee of 0.39% on non-GBP trades
Priority customer service
5% AER on up to £3,000 uninvested cash
Free, same day withdrawals

£0.00

/Month

Accounts

General Investment Account

Benefits

A great way to try Freetrade before transferring your ISA or pension
Unlimited commission-free trades. Other charges may apply.
Trade USD and EUR stocks at the exchange rate + 0.99% FX fee
Access to a selection of Freetrade’s 6,200+ global stocks and ETFs
1% AER on up to £1,000 uninvested cash
Fractional US shares
Access to mobile app and web platform

£5.99

/Month

billed monthly

Accounts

General Investment Account
Stocks and shares ISA

Everything in Basic and:

Access to 6,200+ stocks and ETFs
A lower FX fee of 0.59% on non-GBP trades
3% AER on up to £2,000 uninvested cash
Automated order types, including recurring orders
More stats and analysis, including analyst ratings and EPS estimates

Get Standard Now

£11.99

/Month

billed monthly

Accounts

General Investment Account
Stocks and shares ISA
Personal pension

Everything in Standard and:

A lower FX fee of 0.39% on non-GBP trades
Priority customer service
5% AER on up to £3,000 uninvested cash
Free, same day withdrawals

You’re just minutes away from commission-free investing

When you invest, your capital is at risk

Freetrade does not provide investment advice and individual investors should make their own decisions or seek independent advice. The value of investments can go down as well as up and you may receive back less than your original investment. Freetrade is a trading name of Freetrade Limited, which is a member firm of the London Stock Exchange and is authorised and regulated by the Financial Conduct Authority. Registered in England and Wales (no. 09797821).

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