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Transfers

Q. If I am looking to transfer an arrangement that is in drawdown from another pension scheme, does this transfer need to be held in a separate plan?

It will need to be held in a separate plan if you have already taken pension benefits from your SIPP in the form of drawdown. Please contact our SIPP servicing team on 08000 326 323 for more information.

If you are not already on the new capped drawdown limits, Then a recalculation will occur on the first anniversary after the transfer.

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