Drawdown Query AJ Bell

segovia

Say you have £400,000.00 in your SIPP and you need £50,000.00 to pay off a debt, Mortgage etc. 50K represents 12.5%  

What do the remaining 87.5% balances look like in your SIPP control panel ?  

Will you be able to see a £150,000.00 crystallized balance which is taxable and an uncrystallized balance of £200,000.00 of which 25% remains tax-free? 

 

cloud_dog

From other discussions on the board I believe AJ Bell use a percentage for crystallised monies.

SVaz

No. AJB use notional split.  You can’t see separate pots for C/UC

The way is do it with my Charles Stanley Sipp is to have the UC amount in a different fund, so I can see the growth and obviously when I want to draw that money, that will be the fund I sell to facilitate it. 

peterhjohnson

Looking at my AJ Bell SIPP from which I've drawn 2 lots of tax-free cash, the remaining value is shown as a cash total and an investments total.

However, it you go to "Manage my pension",  it shows the amount you have accessed and clicking on  "Show drawdown pots" displays two "tranches" which added together come to my total SIPP value