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16. Taking Income from a SIPP This episode is a follow-up to episode #12 where we discussed How Pensions Work. This time we look at the practicalities of drawing down an income from a self-invested personal pension (SIPP).
The SIPP has been chosen for simplicity although many occupa
Time: 29:05
This episode is a follow-up to episode #12 where we discussed How Pensions Work. This time we look at the practicalities of drawing down an income from a self-invested personal pension (SIPP).
The SIPP has been chosen for simplicity although many occupation defined contribution pensions will behave in a very similar way. We again cover the difference between flexi-access drawdown (FAD) and uncrystallised funds pension lump sums (UFPLS) and how these relate to the 25% tax-free allowance.
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Release Date: 08/06/2026, 10:38:00
Description This podcast is part of the fire place project which discusses investing for financial independence and early retirement (FIRE) from a UK perspective. Episodes are in a magazine format and contain items about recent news, interviews with guests, and Q&A sessions.
We also have a helpful wiki covering a lot of the FIRE concepts here:
https://www.thefireplace.info/wiki
Support the show:
https://buymeacoffee.com/thefireplace
