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Transact wrapper exit costs
GeoH_2
Posts: 33 Forumite
Hi
I have put my investments into a Transact Wrapper. (Yes I know now)
Unfortunately I am not impressed with it and I am not too sure about my new advisor’s charges either.
Can anyone tell me what costs/penalties I may face if I want to remove my savings from the wrapper.
I have the following invested to date.
Shares
ISA’s
Pension
Unit Trusts
Money
Also how would i do this? Would i just either keep my present advisor or select another for the funds to be transfered to.
George
I have put my investments into a Transact Wrapper. (Yes I know now)
Unfortunately I am not impressed with it and I am not too sure about my new advisor’s charges either.
Can anyone tell me what costs/penalties I may face if I want to remove my savings from the wrapper.
I have the following invested to date.
Shares
ISA’s
Pension
Unit Trusts
Money
Also how would i do this? Would i just either keep my present advisor or select another for the funds to be transfered to.
George
0
Comments
-
If you like the adviser, then keep them. If you dont, then move on. If you intend to move on, then let the new adviser handle the exit.
Most of the things you mention are easy to move out with no problems and probaly no penalty. Although that would need confirmation in writing first as they do have different charging scales and we dont know which one you are on.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.0
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