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Abbey Fundscentre closure

I have recently been advised that the Abbey Fundscentre will close and that my stocks and shares ISA (held for three years) needs to be transferred to another fund manager. I have looked at this website's recommendations for Money supermarkets and have checked that the one I wish to use (Chartwell investment) can offer the funds I am already invested in. My question is - is it better to swap immediately before the start of the new ISA year? or should I wait until I have invested 2006/7 money and then swap? If I have any stock changes I want to make should I make them before I move or after?
I haven't seen any other posts about this or discussion in the press.

Comments

  • dunstonh
    dunstonh Posts: 121,307 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    It makes no difference. Re-registration doesnt take you out of the market or use up any allowances or involve any cost.

    Just make sure you dont fill in a transfer request instead of re-registration.
    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.
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