Fidelity offers up to £1,500 cashback for pension investors

Depending on the amount transferred, customers who consolidate their pension savings to Fidelity Personal Investing between now and 1st September 2017 could earn between £100 and £1,500 cashback. In order to qualify for the offer, investors must transfer a minimum of £50,000.

The latest cashback offer is open to both existing and new customers who are looking to bring together their pension pots into one online account to make it easier to monitor and manage their investments.

In addition, Fidelity will reimburse customers up to £500 to cover any exit fees charged by their current providers.

Jonathan Hewitt, Head of Personal Investing at Fidelity International commented: “Over your working life, the chances are that you’ll have worked for a number of employers and as a result built up several pension pots. A SIPP can be a useful vehicle to help you consolidate all these pots into one place, allowing you to easily see everything you hold and calculate exactly what your pension savings are worth. This gives you more time to concentrate on choosing the investment options that could help you reach your retirement goals.

“As an added bonus, with our new offer, customers who consolidate their investments will also benefit from cashback of up to £1500, as well as getting help towards covering any costs incurred from leaving their existing providers."