Santander launches online pension that offers up to £1,000 cashback

Santander's self-invested personal pension offers customers cashback of up to £1,000 if they invest before 25 April next year - here is everything you need to know

Santander bank branch
Santander has launched the Santander Personal Pension
(Image credit: © Bloomberg via Getty Images)

Santander has launched a self-invested personal pension that offers customers cashback of up to £1,000 if they invest before 25 April next year.

The high-street bank said the Sipp is designed to give customers greater control over their pension as they save for retirement, with an advice service to follow next year.

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Chris Newlands

Chris is a freelance journalist, and was previously an editor and correspondent at the Financial Times as well as the business and money editor at The i Newspaper. He is also the author of the Virgin Money Maker, the personal finance guide published by Virgin Books, and has written for the BBC, The Wall Street Journal, The Independent, South China Morning Post, TimeOut, Barron's and The Guardian. He is a graduate in Economics.