Can I use this form?
You can use this form if we already have your bank details and you've taken a one-off taxable income payment in the past.
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 savings.
Any income you take will be taken proportionately across all the funds you're invested in.
If you haven't already done so, we recommend that you speak to a financial adviser before taking an income from your savings.
We recommend that you ask for an illustration to see the impact that taking an income payment will have on your 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 a one-off taxable income payment for the first time, take more tax-free cash or change your bank details.
Make a one-off taxable income request
You'll need to confirm that you have taken a one-off taxable income payment from your Pension Portfolio plan (with Income Release) before, and that the payment is to be made to the same bank details as previously used.