Personal Pension Cashback

TERMS & CONDITIONS

1. Offer Considerations

1. You must register for this offer before the closing date. This does not mean you must transfer or invest straight away, so please take time to consider if investing with Wealthify is right for you.
2. This offer is for a Self-Invested Personal Pension (‘SIPP’) only and excludes any transfers or deposits into a Wealthify Investment ISA, Cash ISA, Instant Access Savings Account, Junior ISA or General Investment Account (‘GIA’).
3. If you transfer an existing pension to Wealthify, we will not be responsible for paying any exit fees that may be charged by your current provider. You should consider if your existing provider charges exit fees, as these could limit the financial benefit of changing provider.  You should understand the different fees and charges before making any transfers, checking that everything makes financial sense for you.   
4. 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 also can’t accept transfers from pensions you’re already taking an income from. 
5. 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.
6. As with all investing, your money is at risk as the value can go down as well as up and you may get back less than you invest. The tax treatment of your investment will depend on your individual circumstances and may change in the future. Combining two or more pensions doesn’t guarantee more money in retirement and investment performance is never guaranteed. If you are unsure about whether investing is right for you, please seek financial advice. 

2. How Do You Qualify?

1. This offer is open to new and existing Wealthify customers.
2. You must be a tax resident of Great Britain and Northern Ireland and at least 18 years.
3. You must register your interest in transferring existing pensions or making cash contributions (‘deposits’) into a Wealthify SIPP before 23:59 on Sunday, 31st May 2026 (extended from Thursday, 30th April 2026) through our dedicated ‘Pension Cashback September 2025' offer registration page. The date you register for the offer via the landing page will be your ‘Offer Registration Date.

3. Who Does Not Qualify For This Promotion?

This promotion is not available for:

1. Customers who do not meet our eligibility criteria; 
2. Any transfers or deposits made into a Wealthify Investment ISA, Cash ISA, Instant Access Savings Account, a Junior ISA or General Investment Account (GIA).

4. How Will You Get Cashback?

1. All transfer request forms must be submitted to Wealthify within six (6) months of your Offer Registration Date and transferred funds received within twelve (12) months of your Offer Registration Date.
2.  All deposits must be received within six (6) months of your Offer Registration Date.
3. The transfer and deposit timeframes noted in 4(a) and 4(b) above shall be known as the ‘Qualifying Period’.
4. Subject to 4(e) below, the cashback will be based on the combined net value of completed transfers and/or deposits (the ‘Qualifying Investment’) within the Qualifying Period and in line with the following and subject to these terms and conditions:
   i. £50 cashback for transfers and/or deposits between £5,000 - £10,000
   ii. £100 cashback for transfers and/or deposits between £10,001 - £20,000
   iii. £250 cashback for transfers and/or deposits between £20,001-£50,000
   iv. £500 cashback for transfers and/or deposits between £50,001-£100,000
   v. £1,000 cashback for transfers and/or deposits of £100,000+
5. Any withdrawals or transfers out of an existing Wealthify SIPP between Friday 12th September 2025 and the Offer Registration Date will be deducted from any Qualifying Investment.
6. The maximum amount of cashback available is £1,000 per SIPP customer.  You can make multiple pension transfers and/or deposits into your SIPP to boost the amount of cashback you could receive – up to the maximum cashback reward of £1,000.
7. Subject to 4(e) and 4(f), the cashback will be calculated based on all successfully completed transfers and deposits received into your Wealthify SIPP.
8. You must remain invested until the end of the eighteen (18)-month period following your Registration Date.
9. Within thirty (30) calendar days following the eighteen (18)-month period noted in 4(h) above, the cashback will be paid directly into the bank account associated with your Wealthify account or into your SIPP.
10. If the cashback cannot be paid into the bank account associated with your Wealthify account or this SIPP for any reason, it may be paid into an alternative Wealthify Plan under the same account.

5. When Will You Not Get Cashback

1. If you have not registered for the offer before initiating a transfer or making a deposit into your SIPP.
2. Any transfers already initiated before the Friday 12th September 2025.
3. If a transfer request is not started within the Qualifying Period, being within six (6) months of your Offer Registration Date or transferred funds not received within twelve (12) months of your Offer Registration Date.
4. Any deposit not received within six (6) months of your Offer Registration Date will not be a Qualifying Investment.
5. If any pending transfers are cancelled or amended after the twelve (12)-month period following the Offer Registration Date, or any transfer does not successfully complete, then they will not be considered under this promotion.
6. If you transfer out the full SIPP value before the end of the eighteen (18)-month period following your Offer Registration Date.
7. Any partial transfer out or draw down during the eighteen (18)-month period following the Registration Date will be netted off against any Qualifying Investments received, so only a partial cashback may be awarded, or no award if the net Qualifying Investment totals less than £5,000.
8. Per clause 4(e), if you made a withdrawal or transferred out between the Friday 12th September 2025 and the Offer Registration Date and your net transfers do not meet the minimum value required for a cashback award.

6. Other Important Terms

1. By registering for this offer, you agree to receive occasional reminders about this promotion.
2. Investing with Wealthify is subject to a suitability assessment and no guarantee is made towards accepting you as a customer.
3.  The Wealthify standard terms and conditions also apply and are not affected in any way by this offer. 
4. Pension rules apply. If total contributions to all your registered pension schemes (including basic rate tax relief) exceed your annual allowance in a tax year, you will have to pay an annual allowance charge on the excess contributions.
5. The cashback is not transferable and there are no alternatives available.
6. Only one Wealthify Account is permitted per customer and this promotion cannot be used in conjunction with any other SIPP offer or promotion.
7. Wealthify reserves the right to amend, withdraw or restrict this promotion at any time without notice.
8. Wealthify accepts no liability or responsibility for claims under this promotion which are lost, delayed or undelivered, nor any liability for technical errors or communication failures in networks and/or internet access.
9. This offer is not open to any employees of Wealthify or Embark. 
10. This promotion shall be governed and construed in accordance with the laws of England and Wales.>
11. The promoter of this offer is Wealthify Limited (“Wealthify") whose registered office is at Tec Marina, Terra Nova Way, Penarth, CF64 1SA.

Risk Warning:

With a Wealthify investment your money is at risk, as the value can go down as well as up. The tax treatment of your investment will depend on your individual circumstances and may change in the future. If you are unsure about whether investing is right for you, please seek financial advice.