Request your UFPLS illustration and application pack
The first step if you're considering taking a lump sum
Your illustration will show you the potential effects of your chosen withdrawal on your remaining pension fund value, including:
- What your fund value could potentially be in future years, based on assumed investment growth rates
- The expected effect of charges on your fund value over time
We’ll also send you a guide to taking lump sums from the HL SIPP and ask you to answer some questions to make sure you’re comfortable with the risks of lump sum withdrawals. If you are comfortable, we can send you an application too.
Confirm your pension details below to begin your request.
How much you take as a lump sum is entirely down to you. There is no requirement to take all of your pension in one go. Deciding how much you withdraw is an important consideration. It will affect the amount of tax you pay. Keeping the fund invested creates the potential for growth but taking lump sums out will reduce what is left to provide income in future, particularly if your investments perform badly or you take too much out.