We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
AJ bell drawdown
Comments
-
I wondered this, but it’s not stated in their FAQs. If you’re ‘short’ for your custody fees they allow you to go overdrawn and let you know. If you don’t respond they sell some of your largest holding and charge you, but I think it’s <£10Albermarle said:
Regarding the comment in bold.tacpot12 said:You have to have cash in your SIPP when they want to withdraw the money, so at least 7 days before the date you have asked for it to be paid.
What happens if there is not enough cash /you forget?
Is the payment cancelled, or do they charge you for cashing in holdings themselves on your behalf ?Fashion on the Ration
2024 - 43/66 coupons used, carry forward 23
2025 - 62/891
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.3K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.4K Work, Benefits & Business
- 601.1K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards