How to set up an Abundance Pension

It’s easy to set up an Abundance Pension, allowing you to build a retirement income using our investments.

To create your Abundance Pension account you just need to follow the simple process below. Please note that by setting up an Abundance Pension you are entering into a SIPP contract with Gaudi Regulated Services Limited (Gaudi)* who provide the Abundance Pension. You will also be accepting that the Abundance Service Terms and Conditions will apply to investments and cash held in your SIPP portfolio.

If you have any additional questions check our Pension FAQs or contact us.

  1. Read the Key Features

    Before you open an Abundance Pension you must read the Key Features document, as this outlines all the risks that apply to the Abundance Pension. You can download the Key Features document here.

    If you are unsure whether an Abundance Pension is right for you, please seek financial advice.

  2. Apply

    You can create an Abundance Pension online by following the links within your Abundance portfolio. If you don’t yet have an Abundance account you can set up one for free online in a few minutes to get started.

    You will then be directed to the Abundance Pension online application process, where you can set up your pension account. As part of the application process you can specify the level of contributions you want to make, and any existing pensions you wish to transfer to your Abundance Pension.

    Once you have completed your online application you simply print off, sign and send your application to Gaudi at the address provided. We will get in touch wtih you to confirm when your Abundance Pension portfolio is ready to use.

  3. Fund your SIPP

    When your SIPP has been opened we will supply your SIPP bank details for you to set up your pension contributions. When you make new contributions into your Abundance Pension, Gaudi will calculate and deposit your tax rebate on these contributions directly into your SIPP account for you to invest alongside your own new contributions. Once your pension is set up it only takes 1 - 2 working days for new contributions to be available to invest.

    If you have elected to transfer an existing pension into your Abundance Pension we will start the transfer process based on your instructions in your Abundance Pension application. We will get in touch with you if we require any further details or need any additional forms to be completed. Please note; it normally takes 6 - 8 weeks for funds to be transferred from another provider into your Abundance Pension.

* The Abundance Pension is a self-invested personal pension (SIPP) provided by Gaudi Regulated Services Limited (Gaudi), who are authorised and regulated by the FCA (488015). Setting up an Abundance Pension involves entering into a SIPP contract with Gaudi to hold Abundance investments. Abundance is not a direct pension provider and cannot give pension advice.

As with any investment product there are risks. Part or all of your original invested capital may be at risk and any return on your investment depends on the success of the project invested in. You should be prepared to hold Abundance investments for their full term (and many will have terms of more than 15 years). Abundance investments may not be readily realisable (and their value can rise or fall). They may be secured or unsecured, and where they are secured this does not ensure repayment. Estimated rates of return can be variable and estimates are no guarantee of actual return. Specific risks will apply in relation to each product. Consider all risks before investing and read the Offer Document for each investment.