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Fidelity expecting a rush on TFC payments?

Spotted this on the Fidelity website:



I wonder whether other SIPP providers will do something similar?

Comments

  • dunstonh
    dunstonh Posts: 120,351 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    We have had several emails from providers giving out similar warnings saying that work queues are an issue.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • Albermarle
    Albermarle Posts: 29,192 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    I did a TFC withdrawal from Fidelity about 6 weeks ago and it took the standard 8 working days for Fidelity. ( nothing to do with the budget).
    So obviously things have hotted up since then !
  • LHW99
    LHW99 Posts: 5,409 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    OH took one from II a couple of weeks ago - took around 1 week.
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