Draw down pensions
Currently the SVS SIPP service is only available to IFAs. If you are an existing client of SVS Securities or you are interested in opening an independent SIPP account, this service is coming soon. Please register your interest here.
From the age of 55, you can use the funds remaining in your SVS SIPP to provide yourself with a drawdown pension. The level of income you receive is linked to a rate set by the Government Actuary's Department and is payable provided that you are holding enough cash in your SVS SIPP. There is no minimum pension so you can opt not to take any income if you wish. While you are receiving the benefits your funds remain invested and you can continue to manage your investment strategy.