Fidelity SIPP cash back offer

Albermarle

As previously due to the somewhat strange target transfer amount bands , there is a sweet spot if you transfer £150K and get £500 = 0.33% cashback . Enough to pay the standard platform fee for a year. Or if you have more than £250K on the platform and/or you hold some/all 'exchange traded investments' rather than funds  , then could pay for two years or quite a lot longer , depending on amounts of trades.
With no extra charges for SIPP or drawdown , it is basically a free lunch for some investors and no charges for exiting the platform. Although you need to stay 18 months minimum I think, to not lose the cashback.