Important things to know.
How SWP and STP differ
A systematic withdrawal plan generally redeems units periodically, while a systematic transfer plan moves amounts between eligible schemes subject to scheme and provider rules.
Key considerations
Withdrawal rates, taxes, exit loads, fund performance and the possibility of corpus depletion all matter. Transfers are not risk-free.
Questions to discuss
Whether you need recurring cash flow or phased allocation and how the chosen scheme handles withdrawals or transfers.
Information is general and educational. Product availability, eligibility and any regulated service depend on the firm's confirmed licences, registrations and partner arrangements. There are no guaranteed investment returns. Refer to relevant product documents and disclosures.