How can I move my SIPP into income drawdown?

If you want to move your SIPP into income drawdown, you need to complete the relevant SIPP benefit form and tell us how much of your SIPP you would like to use to provide you with an income, and what amount of income you would like to have paid to you.

It may be more tax efficient to only move part of your SIPP into drawdown at any one time. If you are not sure how much of your SIPP to use, you should speak to a financial adviser.