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ISA and Unit Trust advise please

Hi Folks

I have an ISA and Unit Trust and pay £100 a month into each with Abby.
Should I.
1. Leave them?
2. cash them in?
3. Freeze them?
4. Move them?

Any advise would be very welcome.

Thankyou

Trucker.

Comments

  • dunstonh
    dunstonh Posts: 121,288 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    We cannot advise you as that would be a breach of forum and FSA rules. We can discuss and comment though and that is as far is it will go. You get no FOS protection for acting on comments posted on this board.

    You pay £100 into a unit trust. However, you havent told us what the investment is. Just that it is an ISA wrapped UT. For all we know you could be investing in a cash fund, fixed interest funds, UK equity, European, China, Media/Techs, property or a whole range of options. So, any comment would be useless without knowing that.

    One thing you can say is that as its Abbey (abbey life or Abbey/Santander?) its likely to be an expensive fund and you can get cheaper.
    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.
  • You pay £100 into a unit trust. However, you havent told us what the investment is. Just that it is an ISA wrapped UT. For all we know you could be investing in a cash fund, fixed interest funds, UK equity, European, China, Media/Techs, property or a whole range of options. So, any comment would be useless without knowing that.

    Hi Dunstonh.

    Sorry for the lack of of info.

    The Maxi ISA is a National UK Growth Unit Trust.

    The Unit Trust is a International Unit trust.

    Thanks Again.

    Trucker.
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