Hopefully a quick question.
If I set up a regular payment from my YouInvest SIPP, there is an annual charge of £100.
Is it possible to vary the amount and or date of payment myself, and if so, is there any additional charge?
TIA
VRD
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Varying YouInvest regular drawdown payments
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Re: Varying YouInvest regular drawdown payments
vrdiver wrote:Hopefully a quick question.
If I set up a regular payment from my YouInvest SIPP, there is an annual charge of £100.
Is it possible to vary the amount and or date of payment myself, and if so, is there any additional charge?
There's no charge for varying it, but I don't think you have any control over the date of payment. Ours always comes around the 14th of the month.
Scott.
Re: Varying YouInvest regular drawdown payments
I vary mine a lot, to make sure I fall just under the 40% tax threshold. I think their payment run is on the 10th of the month and it’s takes a few days to hit the bank account. They’ve always been very helpful once I’ve go the know the routine.
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