Can I hold cash in my SIPP?

You can hold cash in your SIPP while considering where to invest it - see details of the interest we pay on cash. You should consider whether keeping your SIPP in cash could meet your retirement goals.

Not sure where to invest your drawdown pot? One option is to choose one of the four Investment Pathways we offer, each designed to broadly match a particular retirement goal.

Other companies also offer Investment Pathway funds, and it may be a good idea to shop around before you start. On the MoneyHelper website, you'll find a handy Investment Pathway comparison tool.

Please remember that the value of your investments can fall as well as rise. Different investments carry different levels of risk and reward, and you should always conduct your research carefully. We don't offer personalised investment advice.

For guidance, please seek advice from an FCA-regulated financial adviser.