Crystallising a sipp

onthemend

Hi
Im looking to crystallise my sipp to get the 25% tax free lump sum, but I don't intend to take the remaining amount for several years. I will continue in my salaried job until I retire.
What options do I have with the remaining 75% for investment until I need it.

Dazed_and_C0nfused

Do you actually want to change your current investment strategy?

dunstonh

What options do I have with the remaining 75% for investment until I need it.

About 30,000 individual options and a near-infinite combination.

Is there anything wrong with your current investment strategy as to why it cannot continue with the crystallised fund?

Moving from uncrystallised to crystallised doesn't require you to change your investment strategy to something different.

 I will continue in my salaried job until I retire.

Do note that your existing pension may not offer income drawdown and may need to be transferred to another plan that does.  And that you are effectively robbing your retirement years by taking this money early and that you reduce the retirement income options open to you when you do retire.  So, it is not a transaction you should carry out without careful consideration of the pros and cons.