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Capita admin of Canada Life ISA's

I have just received notification that a finance firm called Capita have now taken over the administaration of Canada Life ISA's, is it a good move to leave them where they are, or should I transfer them elsewhere. I have never heard of this company and I am hoping for some good advice.

Comments

  • dunstonh
    dunstonh Posts: 121,297 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Capita have more funds of their own and have inherited from other purchases than Canada Life.

    It may or may not be a good thing.

    Personally i see no reason to have an ISA anywhere other than one of the major fund supermarkets.
    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.
  • Capita have more funds of their own and have inherited from other purchases than Canada Life.

    DD - don't Capita just provide the "back office" admin, rather than fund management?

    I thought Capita were the outfit that run the Congestion Charging scheme for Ken, in London ..?
    Warning ..... I'm a peri-menopausal axe-wielding maniac ;)
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