Interactive Investor Notional Split

Pat38493

Cany someone who has an II account with both drawdown and uncrystalised components tell me whether I am supposed to see the notional split on the screen at my investments summary?

According to a google search this should show up, but after recently transfering U/C funds into my II Drawdown pot, I am not seeing anything (I can see the funds have been transferred in but there is no split information).

Webby68

Only place I can see it is in the SIPP Withdrawl screen of the Cash main menu option. Doesn't show it on the investment summary screen for me.

Pat38493

Webby68 said:

Only place I can see it is in the SIPP Withdrawl screen of the Cash main menu option. Doesn't show it on the investment summary screen for me.

Thanks - that's even worse as my whole pot is showing as drawdown there.  Maybe they have not fully finalised my transfer in - if it's still the same in a few days I will ping them.

michaels

Be prepared to wait forever for anything to get finalised if my experience is anything to go by....and then drawdown is not possible until it is sorted

NoMore

Once signed in, Select Pensions (from the Find&Invest, Portfolio, Cash, Research, Pension options on the top bar) and then Benefits - Your Sipp pots (website, I don't use the app)

Pat38493

michaels said:

Be prepared to wait forever for anything to get finalised if my experience is anything to go by....and then drawdown is not possible until it is sorted

They have just sent me a message saying that I won't be able to take out any money until they receive the "Final Transfer Summary" from Aegon.  They don't give any indication how long this typicaly takes.

MallyGirl

Pat38493 said:

michaels said:

Be prepared to wait forever for anything to get finalised if my experience is anything to go by....and then drawdown is not possible until it is sorted

They have just sent me a message saying that I won't be able to take out any money until they receive the "Final Transfer Summary" from Aegon.  They don't give any indication how long this typicaly takes.

It would rather depend on Aegon's timescales wouldn't it?

Pat38493

MallyGirl said:

Pat38493 said:

michaels said:

Be prepared to wait forever for anything to get finalised if my experience is anything to go by....and then drawdown is not possible until it is sorted

They have just sent me a message saying that I won't be able to take out any money until they receive the "Final Transfer Summary" from Aegon.  They don't give any indication how long this typicaly takes.

It would rather depend on Aegon's timescales wouldn't it?

Yes.  But Aegon sent an email on Monday saying that they had completed the transfer and goodbye, or words to that effect, but I don’t desperately need to withdraw money right away so I’ll just check it again next week.

Pat38493

michaels said:

Be prepared to wait forever for anything to get finalised if my experience is anything to go by....and then drawdown is not possible until it is sorted

So the transfer seems to be complete now so it took a couple of weeks in total, and I can now see the U/C and drawdown amounts finally in the website this morning.

The only thing that puzzles me is that under the Drawdown pot, one of the comments is "This is an amount of money in your SIPP that you have already moved into drawdown. This is also known as a crystallised fund. You can have more than one drawdown pot in your SIPP.".

Does this mean that if I take another TFLS, II will then create a second drawdown pot rather than just merging the crytalized amount into the existing drawdown pot?  I can't think of any reason why this would be needed (unless it was an inherited pension or suchlike).