Pension Drawdown from a SIPP

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I have a ii SIPP and am considering Income Drawdown in a couple of years- I'm not clear exactly on how the drawdown works, from the little I have read I ask my SIPP provider to convert the SIPP? When that happens can I keep my investments in the companies as they are after I have taken 25% out?
I also have a defined benefits pension
I also have a defined benefits pension
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from the little I have read I ask my SIPP provider to convert the SIPP?
In fact some DIY platforms do not even split uncrystallised and crystallised pots.
I guess you are talking about keeping more cash/having more income producing funds ?
However, whilst on investments, it is usual to make tweaks. e.g. the cash float covering the withdrawals. or whether the drawdown investment strategy is moving to yield or bucketing. And often, people reduce risk in retirement (or in the build-up to retirement).
Some will give the crystallised and uncrystallised different account numbers, show them individually, and run independently of each other. Some will show a combined value but have a split account number behind the scenes or when doing transactions. (i.e the valuation will show combined but you can put different holdings with your un/crystallised funds). Some will hide as much as the split as possible and make it impossible to split the investments.
Often on this site, we get focused on costs. However, the software functionality of platforms should be considered by the investor. If the software is preventing you from running your portfolio as you like it then you should look for an alternative. Even if it costs a bit more.
In some cases, we have people that have part crystallised and part uncrystallised and their retirement plan wont see the crystallised chunk accessed again for 20+ years. Whereas the uncrystallised chunk may have a regular draw. So, the crystallised chunk will have a long term weighted portfolio but the uncrystallised chunk will have some bucketing/cash float to reflect the draw and reduced timescale. So, in that scenario, you would need a platform that allows you to invest your uncrystallised and crystallised funds differently.
If I have stocks x,y,z etc in my fund and I want to take the full 25% tax free value of all these stocks am I correct that I then have to drawdwn or crystallise all of the stocks?
In that case can I just sell enough of the stocks to get the 25% and leave the rest of the funds invested in those stocks?
I'm asking this because I am still working and intend to work till I'm at least 65 but as I'm over 55 I can take the tax free lump sum now but do not need any extra income from the pension yet.
Amazon Club Sellers member 0015 come and join us make some space and get hold of some cash, we're on the Ebay and other auctions, Car Boot and Jumble Sales Board
Have you a actual need for the lump sum ? If not then probably best to just leave it in the pension at the moment.