SIPP Flexi-Access Drawdown - Help
Sorry for this naïve question. My husband passed away a few months ago and I inherited his Flexi-access drawdown SIPP. From next year I will need a monthly income and I understand that in order to be able to draw out money I have to make sure that there are enough funds available in the SIPP cash account. Am I right in thinking that I have to sell regularly some of the investments in the SIPP to provide that? As I am new to this scheme I am not very confident in dealing so I wonder if my only option is to get a financial adviser to manage my portfolio.