Interactive Investor

ii SIPP - useful forms

All documents apply to ii SIPP accounts unless stated otherwise.


Before you start: how to return your forms

  • The easiest way to send PDF or paper forms is by secure message - find out how.
  • Forms sent to us by post may take longer to process.

Login to your secure SIPP administration page to review beneficiaries or set up your Expression of Wishes. 

Please be aware that in the current exceptional circumstances, some services may need more time to process. If you can, please choose digital services over paper forms or phone. We appreciate your understanding.

The ii SIPP is aimed at clients who have sufficient knowledge and experience of investing to make their own investment decisions and want to actively manage their investments. A SIPP is not suitable for every investor. Other types of pensions may be more appropriate. The value of investments made within a SIPP can fall as well as rise and you may end up with a fund at retirement that’s worth less than you invested. You can normally only access the money from age 55 (age 57 from 2028). Prior to making any decision about the suitability of a SIPP, or transferring any existing pension plan(s) into a SIPP we recommend that you seek the advice of a suitably qualified financial adviser. Please note the tax treatment of these products depends on the individual circumstances of each customer and may be subject to change in future.

Making cash contributions

The quickest and easiest way to make personal contributions is via your online account. No contribution form is required for the following:

  • debit card (one-off): log in and select 'add cash' from the 'cash & transfers' menu. 
  • internal transfer (one-off and regular, monthly): log in and select 'withdraw/transfer cash' from the 'cash & transfers' menu. Choose the 'Internal Transfer' option and follow the instructions.

Please complete an ii SIPP Contribution Form to: 

  • Make a personal contribution by bank transfer
  • Set up a direct debit (regular monthly) personal contribution
  • Arrange contributions from your employer or another person

Transferring existing pensions

Having opened your ii SIPP, use our online SIPP Transfer process when  you want to bring other pensions together in your account.

  • For transfers of pensions with defined or safeguard benefits of £30,000 or more (such as a 'final salary' pension) you will also need to take independent advice that confirms the transfer is in your best interests and you and your adviser will need to complete a SIPP Financial Advice Declaration Form. Where the transferring value is less than £30,000 we will normally accept it without advice where the value represents no more than 10% of the value of your SIPP. If in doubt, please contact us before starting your transfer.
  • If you are considering transferring an overseas pension to your ii SIPP, please contact us with details beforehand and we will confirm whether or not we can accept it.

Paying for advice

This form should be used when fees for regulated financial advice are to be paid from your ii SIPP. Please complete this form to authorise an advice fee and to confirm the type of fee being paid.

Taking income from your SIPP

Before you start: the easiest way to send PDF or paper forms is by secure message from your online account. Find out how

Move your SIPP into flexi-access drawdown

You can move all or part of your SIPP into flexi-access drawdown. 

  • The easiest way to do this is using our simple online form. This should take around 10 days to process.
  • If you prefer, you can complete and return a Taking Pension Benefits form. Please note this can take a minimum of 4 weeks to process.

Take income from a flexi-access drawdown SIPP

To start or amend income payments from your existing flexi-access drawdown fund, complete and return the form below:

Start or amend flexi-access drawdown payments (PDF)

Take income from a capped drawdown SIPP

This is only available if you have already moved into capped drawdown. You can have a mix of capped and flexi-access drawdown funds in your SIPP.

Take lump sums from your SIPP (UFPLS)

To take a lump sum from your SIPP, you need to complete and return a Taking Pension Benefits form. You will need to do this every time you want to take a lump sum.

Click here for step-by-step instructions on how to take a lump sum from your SIPP.

Take a 'small pots' lump sum (up to £10,000)

If you have a small pension fund worth up to £10,000, you can take this as a lump sum. This does not affect your Lifetime Allowance. You can repeat this up to three times during your lifetime.

To take a lump sum from your SIPP, complete and return a Small pots lump sum (SPLS) form.

You will need to do this every time you want to take a lump sum.

Take money to buy an annuity

We don't offer an annuity directly, but you can take money from your SIPP to buy one.

To do this, you will need to complete and return a Taking Pension Benefits form.

Investing for drawdown

If you are transferring in a SIPP that contains crystallised funds, i.e. one that is already in drawdown, you’ll need to complete and return an 'Investing for drawdown' form.