Can I cancel my ICVC ISA investment?
If you've invested through an authorised Financial Adviser (and received advice on the transaction) you will usually have the option to cancel your ICVC ISA investment for up to 14 days after you receive a cancellation form.
If you don't invest through an authorised Financial Adviser, you won’t have cancellation rights.
If you invest through an authorised Financial Adviser into:
- A lump sum ICVC ISA
- A new regular savings ICVC ISA
- A new fund through an existing ICVC ISA
- An ICVC ISA through a transfer from another manager*
You will be able to cancel your investment for up to 14 days after you receive a cancellation form.
This form is automatically sent to you with your purchase contract note on the next business day after your investment is bought. It includes information about when the cancellation period begins and ends and how you can exercise your cancellation rights.
If you decide to cancel, you must return the signed form or written equivalent to:
Invesco Perpetual Administration Centre
PO Box 11150
We’ll reimburse you any amount we have received but, where you've made an ICVC ISA lump sum investment, we’ll deduct any amount by which the value of that investment has fallen, calculated at the next valuation point after we receive your cancellation instructions.
*If you decide to cancel after transferring your ICVC ISA to us from another manager, you may lose the tax exempt status of your investment.