A new home for my TOISA

torbrex

I have a TOISA maturing after a 5 year tax-free investment, does anyone know where I can invest it (tax-free) again, my ISA allowance is used up this year and I will fill it again in April so I dont know where I can put this maturing fund.
It is only £4000 but I would like to find a good home for it.

Cannon_Fodder

suggest you read up on http://www.moneyextra.com/guides/tessa-only-isas-019245.html

br1anstorm

I'm joining this thread because the question I wanted to pose is very similar to torbrex... so I've just looked at the moneyextra site mentioned by Cannon Fodder. It helps.. up to a point.

My wife's TOISA matures soon and should be worth £11k. She wants to keep the money within an ISA "wrapper". Can anyone clarify/confirm a couple of things:

i) can she reinvest the total amount from a maturing TOISA (ie more than the £9k which was the original TESSA limit)?

ii) can she invest in any currently-offered cash ISA, or only in the rollover TOISA offered by her current provider?

iii) alternatively, can she shift the TOISA money on maturity into her stocks and shares (maxi) ISA?

iv) and can she do this in addition to what she is investing in her current-year ISA? She is already investing the maximum £7k in a stocks and shares ISA this year.

Any thoughts/comments would be appreciated.
br1anstorm