There are important cut off dates you need to be aware of in the lead up to tax year end. Please ensure all relevant business is completed by the dates specified.

Individual and Workplace

BACS (last day for sending) Tuesday 28 March
CHAPS (last day for sending) Tuesday 4 April
Cheque (must be received in Standard Life House, Lothian Road) Wednesday 5 April
Active Direct Debit Instruction (including DDW schemes) Wednesday 29 March
New Direct Debit Instruction (including DDW schemes) Wednesday 22 March
Debit Card payment received online 23.59 on Wednesday 5 April
Debit Card payments received by telephone Wednesday 5 April

Drawdown

Payments In (singles, transfers with a drawdown request)

Internal Transfers (Standard Life Insured Pension (SLIP) funds) Tuesday 4 April
External Transfers (Standard Life Insured Pension (SLIP) funds) Tuesday 4 April
External Transfers (Self Investment (SI) Cash) Wednesday 5 April

Payments Out (paid by BACS)

Income payment out Friday 31 March
Tax Free lump sum payments (SLIP) Tuesday 4 April
Tax Free lump sum payments (SI cash) Wednesday 5 April

All of the above are subject to there being sufficient liquidity and us receiving a clean instruction.

 

Additional dates

International Bond Surrenders (incl. partial surrenders) – For surrenders to be paid in advance of tax year end (not guaranteed where monies are  invested with third parties) Wednesday 15 March
For Assignment on International Bonds where payment out is expected in the current tax year. This allows sufficient time for processing both the assignment and payment out transaction. Wednesday 1 March
* For all LIFE products we must receive a valid request on or before Tuesday 28 March

* NOTE – If a Life policy requires Assignment before Surrender, we must receive
a valid Assignment and Surrender instruction before Friday 10 March.

 

Bank account, payment and address information

Standard Life Assurance Ltd                     
30 Lothian Road                    
Edinburgh                     
EH1 2DH

Life and Pensions Bank Account:

(Made payable to Standard Life Assurance with plan number as reference or written on the back of the cheque)
Sort Code: 40 03 28
Acc No: 22288192

SIPP Bank Account:

(Made payable to Standard Life Assurance with plan number as reference or written on the back of the cheque)
Sort Code: 40 03 28
Acc No: 42288230