Can I change my mind once I have commenced income drawdown?

You have the right to cancel income drawdown within the first 30 days. To cancel, please write to us at the address below within 30 days of your income drawdown plan being set up.

Hargreaves Lansdown, 1 College Square South, Anchor Road, Bristol BS1 5HL

Any tax free cash and income payments must be returned. We will deduct charges for any services provided in the interim. The value of your pre-retirement SIPP when re-instated will reflect any changes in the value of the investments moved into income drawdown.

The value of investments can go down in value as well as up, so you could get back less than you invest. It is therefore important that you understand the risks and commitments. This website is not personal advice based on your circumstances. So you can make informed decisions for yourself we aim to provide you with the best information, best service and best prices. If you are unsure about the suitability of an investment please contact us for advice.

Hargreaves Lansdown is authorised and regulated by the Financial Services Authority.