Income drawdown - frequently asked questions
Moving funds into income drawdown
- When can I go into income drawdown?
- How do I commence income drawdown from the HL Vantage SIPP?
- Do I have to move all my funds into income drawdown at the same time?
- Can I transfer other income drawdwn or ASP plans to my HL Vantage SIPP?
- Can my existing income drawdown plans be combined?
Managing your income drawdown account
- Where can I invest my income drawdown account?
- Can I buy a limited life annuity with my drawdown account?
- Can I make additional contributions to my HL Vantage SIPP after income drawdown has commenced?
Taking an income
- How much income can I take?
- How often is the GAD limit calculated?
- Can I alter the level and frequency of my income payments?
- How will any income be taxed?
- What happens if there is insufficient cash to cover any income payments?
Moving funds out of your income drawdown account
- Can I transfer my HL Vantage SIPP after income drawdown has commenced?
- Can I change my mind once I have commenced income drawdown?
- When can I buy a lifetime annuity?
Reaching age 75
Technical questions
How to apply
Call us on 0117 980 9926 to request your free brochure and illustration.
Have a question?
- Email us
- Call us on 0117 980 9926
(Mon - Fri, 8:30am - 6pm)
