Take your pension savings

Need help and guidance?

We can’t provide guidance or advice about how to take your pension savings, but a specialist can. Get help with finding the right help and visit our Guidance and advice page.

If you know how you want to take your pension savings, and have explored your options, here’s how you take your next steps.

Remember: if you haven’t already, getting some guidance or advice can help you make the best decision for your future.

Ready to take your money?

If you've made your decision and ready to get started, please get in touch and we'll be happy to help.

SIPP customers

Please complete our contact us form via the SIPP page below.

SIPP customer page

Ready-Made Pension customers

Please complete our contact us form via the Ready-Made Pension page below.

Ready-Made Pension customer page

Scottish Widows Platform Customers

If you are a Scottish Widows Platform client, please complete the Drawdown Form, confirming your decision. If your decision is to change your investments you will need to also complete the Trading Request Form. Return completed forms to us at the postal address below.

Address:

Scottish Widows Platform
PO Box 24065
1 Tanfield
Edinburgh
EH3 1EY

If you have any queries please contact us by telephone or e-mail

Email: service@scottishwidowsplatform.com

Customer Services Team: 0330 024 2345

You can access your account online at anytime.

Or if you’re still unsure, take a look at ‘things to think about’ where you’ll find more information including a handy checklist.

 

Or do you need to explore your options further?

I want to access my tax-free cash

I want to take all of my pension savings as a cash lump sum (for savings less than £10,000)

Remember, you can only choose this option if your pension savings are less than £10,000. You may be able to take this kind of lump sum up to a maximum of three times from separate personal pension savings pots, but each lump sum must not exceed £10,000.

I want to take my pension savings as one or more cash lump sums

I want to take a regular income

(an annuity)

I want to take a flexible income

(drawdown)