Cash ISA to Fidelity S&S

Hooloovoo · 1 August 2012 at 12:36PM

I would like to transfer some of my cash ISA from previous tax years to Fidelity, topping up the funds I already have in a current S&S ISA.

When I go to the "consolidation" page on the Fidelity website, I have options for transferring in a cash ISA from a different provider. Great. But the options are either "all current year" or "all previous year(s)".

I don't want to transfer "all previous year(s)" I only want to transfer around £2k. In total I want to transfer around £10k but I want to drip-feed the funds across using several partial transfers.

There doesn't seem to be anywhere to enter the value that I wish to transfer. Is it possible? I have sent a secure message to Fidelity, but I thought someone here might have real-life experience.

Am I really going to have to do a partial transfer to another cash ISA, and then use that smaller ISA as a mule providing a full-transfer to Fidelity?!

Hooloovoo · 2 August 2012 at 11:39AM

For anyone interested ...

Fidelity say the ISA Transfer Application and Letter of Authority are generated at the end of the online application process. After I print the forms to add my signature, I can also can choose the appropriate option and quote the amount I wish to transfer in Section Four of the Letter of Authority.

Hooloovoo · 2 August 2012 at 5:11PM

And now to the next problem ...

The online form allows you to specify up to seven different funds to transfer your money into.

But when you complete the process and it gives you a PDF to print and send off, there's only room for five on the form. So the first five are printed, and the percentages you specified automatically rescaled to correct for the two that are missing. :mad::mad:

Which genius came up with that one!?! [:rotfl:]

Hooloovoo · 7 August 2012 at 7:48AM

Feel like I'm talking to myself but for anyone actually interested ...

The "fix" for the above problem is apparently to print the pre-filled PDF and then hand-write any other funds in addition to the pre-printed five. Then cross out the percentages and write in the new values.

I didn't know Fidelity was run by useless morons.

No mention at all as to whether they are going to fix the actual problem of being able to select seven funds on the online form, but there only being room for five on the PDF that is produced. I think they need to employ some better IT staff. I surely can't be the first to discover this bug!