Jarvis 500 Club Terms
This document explains the terms and conditions of our Jarvis 500 Club, the “500 Club”.
The promoter of the Jarvis 500 Club is Pension Jar Limited. Pension Jar Limited is an appointed representative of P1 Investment Management Limited, who are authorised and regulated by the Financial Conduct Authority under firm reference number 984773, with a registered office at 80 Cheapside, London, EC2V 6EE.
1. What is the 500 Club?
If you comply with these Terms and Conditions, Pension Jar will enter you into our Jarvis 500 Club. If you are eligible to enter the Jarvis 500 Club, we will upgrade your Jarvis Platform Fee to access the 500 Club benefits.
As a Jarvis 500 Club member, you will benefit from a 50% lifetime discount on the annual Jarvis Platform Fee of 0.75% for the first £75,000 of assets, reducing to 0.35% thereafter, “Platform Fees”.
This only applies to your Jarvis Platform Fee and no other fees such as fund and transfer charges.
Membership will be restricted to the first 500 users.
All users must qualify for membership within 6 months of downloading the app and accepting the Jarvis Terms, “Jarvis user”.
2. How to be eligible to join the 500 Club
To be eligible for the 500 Club you must be:
A UK resident aged 18 years or over.
Eligible for tax relief.
Have an active minimum Jarvis SIPP balance of £20,000 in a “Qualifying Account” within 6 months of becoming a Jarvis user. Details of a “Qualifying Account” are in section 3 below.
Aware that you must account to HMRC for any tax that you may be due to pay.
3. How to gain entry into the 500 Club
You will be automatically entered into the 500 Club and retain membership if the following apply to you:
Have a Qualifying Account.
You are classed as a Jarvis customer with a Qualifying Account by completing at least one of the two actions within 6 months of becoming a Jarvis user:
i. Making a contribution into your Jarvis SIPP such that your total contributions, including tax relief, total £20,000.
ii. Completing one or several pension transfers to your Jarvis SIPP and these transfers, along with any contributions including tax relief, total £20,000 within 6 months of becoming a Jarvis user.
iii. If you do not want to be a member of the 500 Club, you can opt out by sending an email to support@pensionjar.com.
4. 500 Club Membership
Where necessary, qualifying 500 Club members will be notified after 6 months of becoming a Jarvis user.
Membership benefits are non exchangeable and non transferable.
We may ask qualified members to take part in publicity, with the use of your name and photography in publicity, provided we have your express written consent to do so.
5. Prohibited Uses
You may only participate in the 500 Club in good faith for lawful purposes. You may not:
i. Create duplicate accounts to benefit from the 500 Club multiple times.
ii. Use the 500 Club benefits as part of your business or commercial activity.
iii. Do anything that damages Pension Jar’s, and any associated brands such as Jarvis, brand, goodwill or reputation.
iv. Use the Programme in:
any way that breaches any applicable local, national or international law or regulation
any way that is unlawful or fraudulent, or has any unlawful or fraudulent purpose or effect
v. Transmit any unsolicited or unauthorised advertising or promotional material, or any other form of similar solicitation, spam.
vi. Otherwise attempt to circumvent this Agreement or the Programme.
6. 500 Club terms general points
By participating in the 500 Club, you accept these terms and conditions.
You agree that Pension Jar and its core product, Jarvis SIPP, are liable for none of your costs, expenses, losses or damages sustained or incurred by you or any participant in the offer.
You are responsible for any impact that membership benefits have on your Jarvis SIPP and other payments made, or to be made, to a registered pension scheme, and the application of all applicable tax limits relevant to UK registered pension schemes.
This offer is separate from and does not form part of any of the terms of your Jarvis SIPP.
It may take 3 months or more to receive any relevant tax relief on your pension contributions, due to the time required to obtain tax relief from HMRC.
Pension Jar has the right to refuse to accept you into the 500 Club if, at its sole and absolute discretion, Pension Jar suspects that you have not participated in the 500 Club in good faith or have breached this Agreement.
We will determine, at our sole and absolute discretion, whether there has been a breach of this Agreement. When a breach of this Agreement has occurred, Pension Jar may take such action as we deem appropriate, including, but not limited to, termination of this Agreement, clawing back of 500 Club discounts, closing your account or accounts, closing third party accounts and suspending the Programme.
7. Limitation of liability
You agree, and by taking part in the 500 Club acknowledge, that Pension Jar accepts no liability for any use of the 500 Club except for applying the discount on the terms of this Agreement.
8. Changes to this Agreement
We may revise this Agreement at any time by replacing or amending this document, or the relevant web pages containing or hosting this document. Any change will not affect discounts applied or due to be applied under the 500 Club. Participation in the 500 Club after the change shall amount to acceptance of the Agreement in force at that time.
Pension Jar reserves the right to:
i. Amend, alter or change the 500 Club at any time, without notice.
ii. Amend, alter or change the membership benefits at any time, without notice, for applications received after the date of change.
iii. Withdraw, suspend or terminate the 500 Club at any time, without notice.
iv. If we do any of these things, we will let you know if your application has been received before any cut off date. In the event the 500 Club is terminated, Pension Jar will not be obliged to enter any new users into the programme that would have otherwise qualified.
9. Privacy
As you must be a Jarvis customer to enter the Programme, your data will be dealt with in accordance with our Privacy Policy.
10. Applicable law
This Agreement and any dispute or claim arising out of or in connection with it or its subject matter or formation, including non contractual disputes or claims, shall be governed by and construed in accordance with the law of England and Wales.
Each party irrevocably agrees that the courts of England and Wales shall have exclusive jurisdiction to settle any dispute or claim arising out of or in connection with this agreement or its subject matter or formation, including non contractual disputes or claims.
11. Contact us
To contact us, please email support@pensionjar.com