How can I move my SIPP into income drawdown?
Moving your SIPP into drawdown is a big decision, so first you need to be sure you’re ready. You’ll also need to decide how much of your SIPP you want to move into drawdown. It may be more tax efficient to only move part of your SIPP into drawdown at any one time – but the choice is up to you. If you’re not sure, please speak to a financial adviser.
When you're ready to access your pension, log in to your account and select 'Access my pension' from the 'My account' menu. On this page you can move your SIPP into drawdown, take a one-off payment from your drawdown pot, or edit the amount of regular income you’ve already set up.
Find out more about drawdown.