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Switching from HL to ii

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  • Albermarle
    Albermarle Posts: 27,755 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    AndyTh_2 said:
    AndyTh_2 said:
    I was almost gutted not thinking about cashback sites after seeing the above, although luckily it paid me more than I'd have got if I had made my "initial investment" rather than topping up the previous pension to get to the next tier of switch cashback.

    Not tail wagging the dog that top up, I was intending to add it regardless of the switch, and was less than £10k anyway (quidco deals seem to start at that).
    Two pension providers, regularly offer significantly more generous cashbacks than Aj Bell, ii etc and the money is paid straight into your account ( no need to go via a third party).
    These are HL and Fidelity, the former has a particularly generous offer at the moment, particularly for larger sums.
     ( up to £1500) 
    Of course these two have the highest platform fees, but these can be controlled by avoiding OEIC funds and sticking to ETF's and Investment Trusts.
    Not a recommendation, just an observation.
    yes, I've several pensions atm and so although II was only a small amount of that but has a 12 month term for the cashback to stay, I'll also be moving my Fidelity to HL (which is ETFs).

    HL also have an S&S ISA/GIA switch cashback too, which is considered a separate offer, and both can be done.
    HL also ask that you stay with them at least 12 months .
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