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Transfer your income drawdown pension to the SIPP

97% of clients who transfer their income drawdown plan to the Vantage SIPP find our service to be good, very good or excellent*

Request an income drawdown transfer pack

*HL satisfaction survey May 2013, 110 respondents.

Transferring your existing drawdown pension to the Vantage SIPP (Self Invested Personal Pension) is easy and in many cases you don't even need to sell your existing investments.

Before transferring, you should check whether any penalties will be applied to your existing plan, and that the transfer will result in at least comparable benefits.

Transfer now and benefit from...

  • Wide investment choice
    Choose from over 2,500 funds (unit trusts and OEICs) run by the finest fund managers, as well as shares, investment trusts, gilts, corporate bonds, covered warrants, ETFs, and cash.
  • Low costs
    No fees from us to transfer-in, no fee for drawing a regular income, no fund dealing fees and online share dealing from £5.95 to £11.95 a deal. Plus, exclusive super-low annual charges on top-performing funds and competitive annual management charges. Income drawdown charges and interest rates.

  • Complete control
    Choose all your own pension investments, hold them under one roof and manage them online, by phone or by post, whenever you wish. Continue drawdown beyond age 75.
  • Award-winning service
    Hargreaves Lansdown has been voted Best SIPP Provider by readers of What Investment for the last seven years running.
  • Flexible drawdown
    If you meet the required criteria set out by the government you could draw as much of your pension as you like under flexible drawdown.

Financial advice

Income drawdown in the Vantage SIPP is offered without advice as standard. Income drawdown is a complex product, and if you are at all uncertain about its suitability, we strongly recommend you seek financial advice.

Our advisory team would be happy to help you, for more information about their services please contact them on 0117 317 1690 or visit the advisory services section of our website.

How to transfer

To transfer your drawdown pensions into the Vantage SIPP, request your free income drawdown illustration and information pack, which includes just one short form for you to fill out and return to us, and we will handle the rest for you.

Request a transfer pack

Important information

Drawdown in the Vantage SIPP is arranged on a non-advisory basis. If you receive advice on your current drawdown plan, this will not continue if you transfer to the Vantage SIPP unless agreed separately.

Drawdown is a complex product, if you are at all uncertain about its suitability for your circumstances, we strongly suggest you seek advice. Your income is not secure. You control, and must review, where your pension is invested and how much income you draw within limits. Poor investment performance and excessive income withdrawals can deplete the fund leaving you short of income.

Have a question about income drawdown?

If you have a question or would like more information call one of our specialists on:

0117 980 9940

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