As the end of 2020 is fast approaching, and to ensure that we can provide the best possible service relative to resource through the Christmas period, please note the following information in regards to Income and Payslips.
Any income payment requests or changes to a regular income payment amount will need to be processed by our SIPP administration team by 15th December to enable our accountants to issue a payslip. We will also require sufficient funds available by this date, to ensure payments can be made on time. This may be subject to the Investment Providers opening times over the festive period.
Regular income payments will be paid out on 29th December 2020, instead of 28th December 2020, as that falls on a bank holiday.
As such income payment requests received by our administration team after 15th December will not be processed until January. Please note, we will be able to make payments of PCLS during this time (again, subject to the Investment Providers opening times should a withdrawal be required).
Please note, this change does not affect our income payments on 14th December or 14th January, but does include the inability to facilitate the income element of UFPLS payments between 16th December and 5th January inclusive.