Hargreaves Lansdown (HL) is a leading “investment supermarket” for private investors. Trusted with £82 billion worth of investments by more than 980,000 clients, HL is well known in the UK.
With HL, you can start a self-invested personal pension (SIPP) to begin growing your pension pot. Or, if you’re approaching retirement age, HL offers three retirement income options: annuity, drawdown, or a mix-and-match approach.
Read on to find out more about HL, and whether it might provide the right pension arrangements for you.
What does Hargreaves Lansdown do?
By giving you the tools and information, HL aims to help you make your own educated decisions. From the website to the app, to the specialised helpdesk, HL’s goal is to make it easy for you to manage your investments and pensions.
For those looking to save for retirement, HL offers:
- Vantage SIPP (self-invested personal pension)
For those who are about to retire, HL offers:
- Annuity (a guaranteed income for life, in return for a pot of pension savings)
- Drawdown (where you “draw down” funds from your invested pension pot to give you an income)
- UFPLS (“uncrystallised funds pension lump sums” – where you take money from parts of your pension not previously accessed)
Hargreaves Lansdown’s Vantage SIPP
SIPPs are one of the most tax-efficient ways for you to save for retirement. With HL’s SIPP, you stay in control of your pension online 24/7. There are tools, research information, and watchlists which you can call upon to help make decisions at any time.
- Manage online, by phone, by post, or through the HL app
- ‘What Investment’ readers have voted HL ‘Best SIPP Provider’ for 10 consecutive years
- Choose from a wide range of investments
- Easily transfer old pensions to a SIPP
- 6 days-a-week call service to answer any questions
- Flexible access allows you to take money out from age 55 (57 from 2028)
Learn more about Hargreaves Lansdown’s retirement options
How safe is my investment?
HL is a FTSE 100 company that has been managing investments for more than 35 years. It’s regulated by the Financial Conduct Authority (FCA) and is bound by its rules on investment business.
Compare similar providers
More guides on Finder
Best ways to invest £200 per month
Wondering what to invest £200 in? Read our guide to learn what you need to consider first and find the best option for you.
Best way to invest £50,000
Wondering what to do with £50k that has just dropped into your lap? Read our guide for some thoughts on how to spend it well.
Best way to invest £10,000
£10k has just fallen into your lap and you’re not sure what to spend it on. Read our guide and find out how to build yourself a better financial future.
Technology has been a hugely successful investment in recent years. Find out more about technology ETFs and why it’s worth investing in them.
Compare the best pension plans of 2020
Getting your head around pensions can seem daunting. We take you through the basics of UK pensions, helping you find the right option for you.
Aviva pensions review
Is Aviva the right pension provider for you? We analysed its offering to give you the information you need to know before moving your pension.
Scottish Widows pension review
Is Scottish Widows the right pension provider for you? We analysed its offering to give you the information you need to know before moving your pension.
What are options trading strategies?
When trading options, traders often use some kind of strategy based on how they expect the stocks to move. These can help to protect losses but can minimise gains.
How to invest £100,000
The complete guide on how and where to invest £100,000, including the best investments for income, returns and risk.
Hargreaves Lansdown alternatives
Find out four alternatives to Hargreaves Lansdown and whether they’ll save you money on your investments.