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Can I withdraw the cash received from a corporate action from my account?

Before you withdraw money by electronic transfer you need to set up a Nominated Bank Account. This can be done online via our secure website, or in writing. Please note you cannot withdraw money from the HL SIPP until retirement.

For security purposes you will not be able to make a withdrawal for five working days after setting up or changing your Nominated Bank Account.

Online: To withdraw money to your Nominated Bank Account simply log in, select the account you would like to withdraw from, go to the "Cash" section and choose "Withdraw money" from the quick links box. Payment will usually be made by Faster Payment and there is no charge for this service.

Telephone: Once you have set up your Nominated Bank Account please call us on 0117 980 9950 with your security details to withdraw money from your account.

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