Retirement guides

Regular Withdrawal Plan

Do you need to generate an income from your investments? Then take a look at our Regular Withdrawal Plan. It lets you withdraw capital from your funds when you need it - for example to boost your retirement income or pay school fees.

You can make these withdrawals on top of any income you may already receive¹, and you can use the plan with both Fidelity and FundsNetwork funds.

The plan lets you withdraw cash from ISAs² and ordinary fund accounts. And you can use it with both your existing and new investments. Remember, if you take withdrawals from a current year ISA, you won't be able to use that part of the ISA allowance again.

What are the benefits?

You can choose from monthly, quarterly, semi-annual or annual withdrawals
There’s no maximum withdrawal - minimum withdrawal is £50 per fund
It’s free to set up and run

You need to hold at least £1,000 in each fund before you can set up the plan.

Remember, if you make regular withdrawals from any investment, this may reduce your capital over time if the fund's growth doesn’t make up for the withdrawals. The value of investments and income from them can go down as well as up.

Consolidate your investments

If you have investments with other fund companies, and you need to set up a withdrawal plan, you can put them all in one place on FundsNetwork. This can make managing them simpler - and there's often no charge.

Find out more about consolidation

Setting up a plan

Simply complete an application form*, telling us which investments you'd like to withdraw from and how much, and post it to us.

You will need to include the fund code, which you can find using our Fund Finder. Enter the fund name into the "Search" field and hit the return key. When your fund is displayed on the page, select Fund Facts from the drop-down menu, which is above the table on the right-hand side. This will bring up the five-letter code for your fund, for example, AEEUR. Add this to your form.

*You will need Adobe Reader to view these guides.

^{1 Where you already receive income from a fund, these payments will continue, in addition to your withdrawal plan payments. If you only want payments from the withdrawal plan, choose to reinvest your income payments in your fund(s). There is no charge for reinvestment of income.}

^{2 Withdrawal plans for ISAs will commence from the oldest plan year for the fund specified.}

Top