Should I cancel L&G S&S App to get fidelity?

johncolescarr

After much umming and ahhing I have finally dipped my first toe into the stock market by opening an account investing £50 a month in L&Gs UK index tracker (Acc), which I intend to consider a long term investment of 10-20 years. The tracker charges 0.52% total expense ratio.

Being a reader of the FOOL website, I have stubled upon an ISA UK index tracker from Fidelity paying 0.27% total expense ratio.

My question is should I halt my L&G application for the sake of 0.25%? To me is seems pointless since the difference each year is £15 quid (of the capital, plus value accrued).

My second question as a Newbie is can you switch S&S ISAs as you can cash ISAs? i.e can I transfer the funds I build up in an ISA wrapper to a different S&S ISA fund each year?

Thanks in advance

John