For UK financial advisers only, not approved for use by retail customers. Click here for the customer website.

Previewing the review for clients in SIPP Drawdown

1 min read 6 Dec 22

Check your answers

1) FG21/03 is the finalised guidance for what area of advice?

a. Equity Release

b. Pension Funding

c. DB Transfers


2) FG21/03 refers to tiering the client income into the following…

a. Essential, Lifestyle and Discretionary

b. Essential and non-essential income

c. Emergency funds, income funds & savings funds


3) For client’s who have pension funds in excess of the Lifetime Allowance the potential for tax could be as high as?

a. 55%

b. 40%

c. 20%

d. 60%


4) According to the PFS Drawdown good practice guide - Effective cashflow modelling should have what?

a. Stress testing scenarios

b. Stochastic modelling

c. Determinist modelling

d. Be independent


CPD certificate

Before collecting your certificate please take a moment to provide us feedback on this session, please email

Complete the form below and we’ll email your CPD confirmation to you. Please use the email address that you would usually use when making contact with us.