Get £50-£1,500 cashback
When you deposit or transfer £5,000 or more into a Wealthify Personal Pension
Here's how much you could earn:
- £50 cashback for transfers and/or deposits between £5,000 - £10,000
- £100 cashback for transfers and/or deposits of £10,001 - £20,000
- £200 cashback for transfers and/or deposits of £20,001 - £50,000
- £500 cashback for transfers and/or deposits of £50,001-£100,000
- £1,000 cashback for transfers and/or deposits of £100,001 - £200,000
- £1,500 cashback for transfers and/or deposits of £200,001 or more
Simply click the ‘Register for this offer’ button below, and you’ll have 6 months to start your transfer(s), or make your qualifying deposit(s) into your Wealthify Personal Pension.
Register by 17th December 2026. Offer available to new customers and existing customers who don't already hold a Wealthify Personal Pension. You will need to remain invested for 24 months following the date of registration. Terms & Conditions apply.
With investing, your capital is at risk. Tax treatments depend on your individual circumstances and may change in the future.
Things to consider before transferring a pension
If you're opening a brand new Personal Pension with us or want to make a deposit into your existing one, all you need to do is click the button below to register for the offer.
However, if you're transferring an existing pension to us, there are a few things to check to make sure doing so is right for you.
✓ Fees: At Wealthify, there's a low annual management fee of 0.6% for balances below £100,000 — dropping to just 0.3% for any portion above that. Please understand how your current fees compare with ours.
✓ Charges: We don’t charge you for transferring to or from Wealthify. However, always check to see whether your existing pension provider has an exit charge.
✓ Benefits: Check you won't lose features such as loyalty bonuses.
ⓘ You can usually find this information on your existing statements, online account, or over the phone.
Other things to know:
- In your interest, we can't accept transfers of pensions with safeguarded benefits such as Defined Benefit pensions, those with a guaranteed income, or those where you can get more than your 25% tax-free cash.
- We can’t accept transfers from pensions you’re already taking an income from.
- While the transfer takes place, your pension will be ‘out of the market’, as your existing provider needs to sell your investments before transferring it as cash.
- Combining two or more pensions doesn’t guarantee more money in retirement and investment performance is never guaranteed.
You can register for the offer by clicking the button below, giving you 6 months to begin your pension transfer(s) or make your deposit(s).
With investing, your capital is at risk. Tax treatments depend on your individual circumstances and may change in the future.
Why transfer your pensions to Wealthify?
✓ Hassle-free transfer: all you need to do is just tell us a few basic details about the pension you'd like to transfer to us, then we'll do the rest for you.
✓ Low fees: Wealthify has a simple annual management fee (0.6% per year up to £100,000, dropping to just 0.3% for any portion above that) but we don't charge you to deposit money, transfer or close your Plan.
✓ Investment styles that suit you: we build your Pension Plan based on your attitude to risk, with five different investment styles available, from Cautious to Adventurous.
✓ No investing experience needed: our investment experts set up and manage your pensions for you, making sure you're on track to reach your retirement goals.
✓ Ethical Plans: transfer your pensions to us and choose an Ethical investment theme to invest in organisations committed to having a positive impact on society and the environment.
✓ All your pensions in one place: you can do this by consolidating pensions.
✓ Instant government top-up: Once transferred, Wealthify automatically adds the 25% government top-up to all new contributions you make to your pension, giving you one less thing to worry about.
With investing, your capital is at risk. The tax treatment of your investment will depend on your individual circumstances and may change in the future.
How to transfer your pension
SET UP YOUR ACCOUNT
Use our simple Pension Plan creator to see how much it could be worth when you reach retirement age.
Tell us a few details about yourself to help us create your account. We will help to assess your suitable risk level based off a few suitability questions.
ENTER PENSION DETAILS
We will need your existing pension provider name, account reference number, and the approximate value of your pension.
You can transfer one at a time, or add multiple if you are looking to consolidate pensions.
LEAVE IT TO US
Simply authorise the pension transfer to allow us to contact your existing pension provider, to transfer your pension's current cash value ready for us to invest into your Wealthify Pension Plan.
The transfer process usually takes 2-6 weeks.
KEEPING YOUR MONEY SAFE
We know the only thing more important than making your money work harder, is making sure it’s safe — here’s how we take care of yours.
Secure
Your login details will always be kept secure – but never shared with anyone else.
Support
Our friendly Customer Care Team are always happy to help via email, Live Chat, or on 0800 802 1800.
Strength
Wealthify is owned and backed by Aviva: one of the UK's largest financial institutions.
Awards
We're really proud of all the awards we've won since launching in 2016; not because we enjoy the recognition, but because it means we're doing something right (and that our customers are happy). These awards also help spread the word about Wealthify — meaning other people can start enjoying it, too!
DOWNLOAD THE APP
Easily manage your Wealthify Personal Pension, Investment Plan, or Savings Account all in one place with our award-winning wealth platform. Available to download on iOS and Android devices (mobile and tablet).
Built with security in mind, the Wealthify app is compatible with Face ID and Touch ID-enabled handsets — making it a one-stop option for all your saving, investing and retirement planning.
SIPP FEES
When saving over long periods of time – as is often the case with pensions – fractions make a difference. Sure, an extra 0.01% per year might not seem like much now. But over a lifetime, that small number could add up to a big one, essentially eating into your retirement savings.
That’s why SIPP fees matter — and why we’re completely transparent with ours: one annual management fee of 0.6%, reducing to 0.3% for the portion of the balance over £100,000. And, unlike some traditional providers, we won’t charge you for depositing or withdrawing money, transferring funds, or closing your Plan.
This annual management fee is payable monthly based on the value of your investments and covers everything we do, including setting up your account, looking after your money, and optimising your investments.
As with most investments, average investment costs can apply but we aim to keep these as low as possible: around 0.14% p.a. for Original Plans and 0.46% p.a. for Ethical.
With investing, your capital is at risk. The tax treatment of your investment will depend on your individual circumstances and may change in the future.
HOW YOUR PENSION IS INVESTED
We invest your money using passive and active investments funds from leading providers to build your Plan.
These funds contain a collection of investments – including shares, bonds, commodities and other investments, giving you a low-cost way to build a diversified investment Plan.
Even though the mix of funds will change over time, our team of experts optimise your Plan regularly, keeping it on track and in line with your chosen investment style.
STRENGTH IN DEPTH
We’re backed by Aviva, one of the UK’s largest financial services institutions which has looked after British consumers for more than 325 years.
Wealthify operates independently but Aviva own a majority shareholding, which means you get the best innovation in smart simple investing together with the security of knowing that we’re here to stay and operate to the highest standards.
Aviva’s investment in Wealthify allows us to achieve all the things we always wanted to, but at an accelerated pace and with greater confidence.
Pension Transfer FAQs
Transferring your old pensions is easier than you might think – all we need to know is who your old providers are, reference numbers, an estimated value, and your permission to get in touch with your old providers regarding your pensions.
You can usually find this information on your latest pension statement. We’ll do the rest and consolidate them into your Wealthify Pension. If you’re an existing customer, simply head to your Dashboard and use the ‘transfer in’ button on your home screen.
No, it is free to transfer your pension(s) into Wealthify. Your old provider may charge exit fees or transfer fees, so you may want to check this with them before you go ahead.
You can transfer in most types of pensions, although there are exceptions. For example, the government doesn’t allow the transfer of a public service pension. Similarly, if your pension has defined benefits – such as guaranteed annuity rates or a final salary promise – then we won’t be able to accept this, so please check before requesting a transfer. We also cannot accept a transfer if you’re already taking an income from it.
In the majority of cases, no. We can begin a pension transfer on your behalf without you needing to do anything. However, things happen, and if your old provider objects or needs further confirmation, then we’ll get in touch to let you know what’s needed.
We don’t charge you anything to transfer, but your old provider may charge exit fees or transfer fees, so you may want to check this with them before you go ahead.
No, unfortunately, we’re not able to accept pensions that are already in payment or if you’ve already taken income from.
Currently, there’s no limit on how much you can pay into your pension (although a minimum deposit of £5,000 is required), however, you won’t receive tax relief on anything over £60,000 or 100% of your salary, whichever is lower. The £60,000 limit includes all payments, including the government top up and employer contributions – so it is actually £48,000 of your contributions, plus £12,000 tax relief.
If you go over this limit you won’t receive tax relief and will have to pay an annual allowance charge which will be added to the rest of your yearly taxable income.
If your income is less than £3,600 a year, you will only be able to contribute up to £2,880 with tax relief. You can make further contributions but will not be not entitled to tax relief on them.
Wealthify automatically adds the 25% top up when you make a personal contribution to your pension and only if you ticked the box to state your eligibility for tax relief when you opened the SIPP. So, if you personally pay in £1,000, the government adds another £250, making the total £1,250. However, if you’re a higher-rate taxpayer, you may be entitled to more, in which case you will need to contact HMRC to be able to access higher-rate tax relief. This will need to be submitted on your annual tax return.