I am a long standing client of Hargreaves Lansdown (HL) and have various accounts incl a SIPP and a SIPP Drawdown account. When cash builds up in the SIPP I apply for partial drawdown in traunches. Previous applications have taken about 2 weeks but the latest application has taken 6 weeks so far. I sent a chaser message at the 4 week stage and the reply said there were more applications than usual but no indication as to how much longer the application should take.
This is a concern. They are the biggest in the business. I am not desperate for the 25% but for some this could cause financial difficulty.
Also how hard should it be to transfer cash from one HL account to another?
I am raising this just to alert other members in case it helps.