When can I access my Ready-made pension?
You can't currently access your Ready-made pension when you reach pension age (currently 55, 57 from 2028). We plan to add this feature in future.
In the meantime, you can transfer your Ready-made pension to an AJ Bell SIPP if you want to access it when you reach pension age. A SIPP lets you access your pension in different ways. You can:
- Take a tax-free lump sum
- Take a one-off income payment or set up regular income payments.
Remember that you’ll only be able to transfer your pension in cash. That means your AJ Bell fund needs to be sold before the transfer can begin. There are no charges for selling your fund or moving to another provider.
If you want to transfer your Ready-made pension, please call us on 0345 54 32 600. We’ll explain the process and get you started.
We can’t advise you on accessing your pension, so we’d recommend you speak to an independent financial adviser. You can also try Pension Wise - a free and impartial guidance service to help you understand your options.