Regular Income

A regular income aims to provide a monthly payment to you until your money runs out or you choose another option.

It’s a big decision and worth taking time to look at your options and what they’ll mean for you. Before you start, read more about retirement planning.

Completing this application will take around 15 minutes.

Before you start

Here are a few things you need to know:

Each regular withdrawal must be a minimum of £50.
You can make one withdrawal a tax month.
If you need to change your regular income or take a lump sum instead, you'll need to stop your regular income and start a new request to take your money.
We aim to make payments on or shortly before the 28th of the month.
If you're invested in multiple funds, every time you take a payment, we'll reduce your holdings in each fund proportionately.
The value in your flexi-access drawdown account isn’t guaranteed as it’s invested. So, depending on investment performance its value could go up or down over time. This could impact how long your income will last. You should regularly review your arrangement to make sure it still meets your needs.
Any projected figures we provide are for illustrative purposes only.
The bank account you want the income paid to must be personal, based in the UK and in your name.
Be aware of pension scams and how to recognise the warning signs.

Still need help taking your money?

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