Shares through Selftrade. Funds through H-L - Can both be ISAs?

mr_fishbulb

I've got a feeling this will be a no as you can't do it with a cash ISA, but is it possible to have S&S ISA with 2 different providers (in this case one through Selftrade and one through Hargreaves Lansdown) and fund them both throughout the year?

I'm guessing it's OK to hold both but only fund one in a single financial year?

RayWolfe

mr_fishbulb wrote: »

I'm guessing it's OK to hold both but only fund one in a single financial year?

That's the right answer.
Or convert an old cash ISA.

mr_fishbulb

RayWolfe wrote: »

That's the right answer.
Or convert an old cash ISA.

Thanks. Can you transfer part of a cash ISA into an S&S one. Or does it have to be the whole lot?

RayWolfe

Rules say you can. Some providers say all or nothing.

tradetime

Just to confirm I'm understanding this right, I have a Trading ISA with TD Waterhouse and not to put too fine a point on it I don't like them, so I can open a trading ISA in April with a different provider, and then transfer the TD Waterhouse one over to it at some point in the future, but could transact in both, just as long as I only put funds in one?

RayWolfe

You can transfer now if you want to or at any time after now; this year, next year, sometime, never.
If you stay as you are and start a new one after April 5th, you can trade in both but only put money into the new one.

tradetime

RayWolfe wrote: »

You can transfer now if you want to or at any time after now; this year, next year, sometime, never.
If you stay as you are and start a new one after April 5th, you can trade in both but only put money into the new one.

Many thanx for that, I have some unfinished business with the folks at TD