drawdown and LTA

highet

hi - recently crystallised SIPP with HL and now a bit confused about LTA - the crystallised SIPP used up 9.7% of my LTA in total  - i took the tax free lump sum and the other 75% of cash went into drawdown account - if i now reinvest the cash in my drawdown account is any future growth in this pot then counted against my remaining LTA in future when i come to draw it down or when i reach 75 or is the crystallisation/LTA test a once and for all thing??

zagfles

There's a second test at 75, but only on the increase in the drawdown fund, so if you draw enough to keep its value below the value when crystallised it won't use up any LTA. Google LTA BCE for loads of helpful articles.