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Flexible Drawdown Form for the Single Investment Manager SIPP Provided by Suffolk Life This document is part of a set, all of which should be read together: Key Features Your Personal Illustration

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What is flexible drawdown form?

Flexible drawdown form is a document that allows individuals to draw down their pension income in a flexible manner, without being subject to certain restrictions or limitations.

Who is required to file flexible drawdown form?

Individuals who have reached the age of 55 and wish to access their pension funds through flexible drawdown must file the flexible drawdown form.

How to fill out flexible drawdown form?

To fill out the flexible drawdown form, individuals need to provide personal and pension-related information, such as their name, address, pension account details, and desired withdrawal amounts.

What is the purpose of flexible drawdown form?

The purpose of the flexible drawdown form is to enable individuals to have more control over their pension income, allowing them to withdraw funds as needed while still receiving certain tax benefits.

What information must be reported on flexible drawdown form?

The flexible drawdown form typically requires individuals to report their personal details, pension account information, desired withdrawal amounts, and any other relevant information requested by the form.

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