We’ve introduced new functionality to make setting up and managing regular SIPP income quicker and easier.

What’s changed?

Previously, instructions to set up, amend or cancel regular SIPP income needed to be submitted using a paper form.

This process is now available online, supporting our ongoing work to move journeys into digital processes.

Once we’ve made the change to the client’s regular income, we’ll let them know by sending confirmation directly to them. This is in line with our process for changes to regular withdrawals from GIAs and ISAs.  

How do you access this?

To get to the regular SIPP income journey:

• In Adviser Zone, navigate to the relevant client’s flexible drawdown wrapper
• Under the ‘Maintenance’ dropdown, select the ‘Wrapper Details’ option
• In the income details section, you’ll see the new options available

What does this mean for you?

The new online journey is smoother, is quicker to complete, and removes the need for paperwork. It’s consistent in design with our other online wrapper and income processes, making it intuitive and easy to use.

• No paper forms to complete or send
• Requests can be submitted online in one journey
• A faster, more efficient process for you

Any questions?

If you’d like more information or have any questions about this enhancement, please speak to our team today.

---

Related content

Platform charge information available online

Get the information you need, exactly when you need it – Wealthtime platform charge information is now available to see online.

Find out more

---

This article is intended for regulated financial advisers and investment professionals only.

---