One-off taxable income payment request
Can I use this form?
You can use this form if you already have an existing Income Release plan.
Important information
This online form is for existing Royal London customers who have a Pension Portfolio plan (with Income Release).
Before you complete your request, you should make sure that you have enough money in your plan to make the income payment and you understand the impact this will have on the rest of your pension savings.
Any income you take will be taken proportionately across all the funds you're invested in.
The decision of how best to access your pensions savings is a very important one and once made, you may not be able to change your mind. As such we strongly suggest that you seek Financial Advice or use the Pension Wise guidance service before making any decisions.
Pension Wise is a service provided by MoneyHelper, backed by government, which aims to help customers make an informed decision as to what do with their pension savings.
They offer free, impartial guidance to over 50s, and will explain the options to take money from your defined contribution pension pots.
Pension Wise can be reached via phone on 0800 100 166 between 8am to 8pm, Monday to Friday. Alternatively, you can use their website (opens in a new window).
Details of financial advisers in your area can be found at here.
Contact us
We recommend that you ask for an illustration to see the impact that taking an income payment will have on your pension savings. Please contact our customer service team on 0345 850 8953 or IRservicing@royallondon.com to ask for this.
You can also get in touch if you'd like to take more tax free cash or setup a regular income payment.