I have a Hargreaves Landsdown income drawdown fund. Have taken the 25% but no other withdrawalls so far. I need to put asside some cash to pay for a specific item (around £30,000) which I plan to withdraw from my fund when the GAD lets me. Have sold some shares and funds to give me the cash (dont want to risk this amount) and was now wondering if there is a safe place I can deposit the cash to earn reasonable interest within the fund until I can withdraw it?
Thanks