Pension Savings Statements – Wrap SIPP customers
07 July 2022For customers who are invested in our Wrap SIPP product, regulations require us to inform before 6 October 2022 if in the last tax year, we’ve received:
We're not required to inform clients who are subject to tapering and have a personal annual allowance somewhere between £40,000 and £10,000 because of their income level.
For customers who have elected the paperless option, the statements will be added to their document library on the Wrap platform from Wednesday 20 July and for those who prefer to receive a paper copy, the statements will be posted between Wednesday 20 July and Friday 29 July.
If you require information on which customers have received a Pension Savings Statement please email adviser_marketing_team@abrdn.com
- More than the standard annual allowance, £40,000 in 2021/2022
- Or the money purchase annual allowance, £4,000 in 2021/2022
We're not required to inform clients who are subject to tapering and have a personal annual allowance somewhere between £40,000 and £10,000 because of their income level.
For customers who have elected the paperless option, the statements will be added to their document library on the Wrap platform from Wednesday 20 July and for those who prefer to receive a paper copy, the statements will be posted between Wednesday 20 July and Friday 29 July.
If you require information on which customers have received a Pension Savings Statement please email adviser_marketing_team@abrdn.com