Earn up to £1,000 cashback this autumn

It pays to move your pension to us

Terms and conditions apply

Important information – Investments can fluctuate, and you could lose money as well as make it. You should check with your current provider that you won’t lose any guaranteed benefits before you transfer a pension. Transfers from defined benefit/final salary pensions aren't included in the offer.

As of 29 November 2019, this cashback offer is now closed.

Up to £1,000 cashback for transferring to our SIPP

This autumn, we’ll give you between £50 and £1,000 cashback when you transfer a pension to an AJ Bell Youinvest SIPP.

How much cashback you pocket depends on how much you transfer:

You transfer We'll pay you
£10,000 - £49,999.99 £50
£50,000 - £99,999.99 £125
£100,000 - £199,999.99 £250
£200,000 - £999,999.99 £500
£1m+ £1,000

This offer runs from 2 September, and will last until all cashback has been claimed, or until 29 November 2019.

To be eligible for cashback, you’ll need to start your transfer, and claim your cashback, within this offer period. The transfer will then need to complete within six months.

If you’re transferring more than one pension, how much cashback you receive will depend on the total value of your transfers – not the value of each separate transfer.

How to claim your cashback

Here’s how you can transfer your pension(s), and claim your cashback.

  1. You'll need to open a SIPP with us if you don't have one already. This takes less than 10 minutes, and you can do it online. During the application, you'll be asked to enter the details of the pension(s) you want to transfer.
  2. Already have a SIPP with us? You can start the transfer process by logging in and from the 'My account' menu, choosing 'Transfers', then 'SIPP'.
  3. Once your transfer(s) has started, you need to claim your cashback by emailing us at SIPPcashbackoffer@youinvest.co.uk with your SIPP account number and the overall amount you’ve transferred. Don’t forget to claim your cashback by email – we won’t pay it to you unless you email us these details.
  4. When your transfer(s) is complete, we’ll pay your cashback into your nominated bank account. To keep your cashback, you’ll need to hold your investments in your AJ Bell Youinvest SIPP for at least one year.

Terms and conditions apply.

 

Is our transfer offer more appropriate for you?


Before you go ahead with our cashback offer, it may be worth considering whether our transfer offer works better for you. Briefly, this offer earns you up to £500 to cover your transfer costs when you move your account to us.

You can’t choose both our transfer offer and our cashback offer, so it’s important you pick the one that suits you best. More on our transfer offer.

If you have any questions about this, give our product team a call on 0345 5438 929.