Apply for Drawdown
Important information - What you do with your pension is an important decision that you might not be able to change. You should check that you're making the right decision for your circumstances and that you understand all your options and their risks. The government's free and impartial Pension Wise service can help you, and we can offer you advice if you’d like it. The information on our website isn’t personal advice.
Apply online
If the amount you want to move into drawdown is already held in your HL SIPP, you can login to your account and apply online.
We’ll then move your money into drawdown and pay your tax-free cash.
Apply by post
Get an application pack in the post, including a drawdown guide and personalised illustration showing how far your money could go.
If you're transferring a pension from another provider for drawdown, you'll need to do this first. You can transfer online or contact us and we'll send you everything you need.
Capped drawdown and drawdown transfers
If you are in capped drawdown or would like to transfer a drawdown pension from another provider to HL, please call us on 0117 980 9926.
Opening hours
Monday - Friday: 8am - 5pm
Saturday: 9.30am - 12.30pm