The cut off dates for notifying us of income changes can be found in the tables below.
Modular iSIPP, Wrap SIPP, Partnership SIPP, iSIPP, Private Client SIPP.
|Month||Cut off date|
|January 2019||14 December 2018|
|February 2019||18 January 2019|
|March 2019||15 February 2019|
|April 2019||18 March 2019|
|May 2019||15 April 2019|
|June 2019||17 May 2019|
|July 2019||17 June 2019|
|August 2019||18 July 2019|
|September 2019||16 August 2019|
|October 2019||17 September 2019|
|November 2019||18 October 2019|
|December 2019||18 November 2019|
|January 2020||16 December 2019|
We must be in receipt of your instruction through James Hay Online to change or set up an income payment for existing benefits by 5pm on the cut off date in order for the change to the income payment to be effective for the first of the following month. All income payments are set up to reach the SIPP bank account on the 1st of every month.
Please note, we will only be able to meet the cut-off date if all our requirements have been satisfied. If you need clarification of any of our requirements, please contact us prior to the relevant cut off date.
If you are concerned whether your request will reach us on time, or if you experience any issues, please contact your Account Executive Team or call us on 03455 212 414.
If you need to speak directly to HM Revenue & Customs about anything relating to taxation, including changes to your tax code, please call 0300 200 3300. For reference, our payroll number is 503/W40774.
You can amend income and convert from capped to flexi-access drawdown simply using James Hay Online. Please log in and go to the Portfolio > Income Summary tab.
If you do not already have access to James Hay Online, you can register here. A registration code will be sent to your home address within 5 working days. You must validate the access by entering the registration code, after which you will be able to change the income.