The standard minimum age to be able to withdraw money from a pension in the UK is age 55 and there is no longer any restrictions on the amount you can withdraw. In this article we are referring to personal and company pensions, not the state pension.
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| MES Essentials SIPP | MES SIPP | |
|---|---|---|
|
SIPP value |
From £35,000 |
From £50,000 |
|
Withdrawals |
Full flexi-access drawdown Payments to overseas bank accounts in over 40 currencies |
Full flexi-access drawdown Payments to overseas bank accounts in over 40 currencies |
|
Investments |
Default investment option only |
Multi currency investments and cash ETFs & Investment Trusts Unit Trusts and OEICs (Mutual Funds) |
|
Annual charge |
|
|
