a&l reg saver

shazkhan111

I have a reg saver maturing next month.....just wondering what happens to the standing order.....does it get automatically cancelled.....or do i have to cancel it.

Obviously there is no a/c for the money to go into ..... but would they i wonder be cheeky and divert it to the plussaver?

sashacat

I'm in the same position. I'm going to cancel mine as it will be easier than getting it back, I suspect

YorkshireBoy

It's not a standing order as such. Since it doesn't appear in your standing order list, you can't do anything with it (except close the account mid-term). A&L term it a 'monthly direct transfer'. What happens at the end of the 12 month period is clearly stated in the Regular Saver T&C's.