How much cash do you need when you are drawing an income?

Published by Andy Leggett on

Our expert

  • Andy Leggett

    Andy Leggett

    Principal and Head of SIPP Business Development


    Covid-19 update: Having sufficient cash readily to hand within a pension fund in order to meet income needs, helps to avoid having to disinvest longer-term investments during a period of downturn in the markets.


    We explore the issues around drawing an income and offer some tips on keeping a cash float.

    If you are taking an income from a capped or flexi-access drawdown arrangement, we can only pay it to you if your SIPP (Self-Invested Personal Pension) or SSAS (Small Self-Administered Scheme) has enough cash available. It is a statement of the obvious, but how much is enough?