We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Making use of Stocks and Shares portion of ISA - With low risk

13»

Comments

  • If I decide to go ahead, we might as well make use of it. (Although I'm not sure exactly what we both receive).

    Vouchers worth £500 each:j
  • djblamire
    djblamire Posts: 299 Forumite
    Anyone want me to say I have been recommended by them ??

    You must be an existing customer.

    Please PM me if you are interested.

    Thanks
    Daniel
  • use me if you like. mr d j evans member no 354411
  • question? can one transfer existing managed fund held with hargreaves lansdown into this years maxi isa allowance with the same company without incurring any costs or does one have to sell £7k,s worth of the managed fund first then purchase the maxi isa from h/l
  • dunstonh
    dunstonh Posts: 118,027 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    same funds use re-registration and it doesnt even involve coming out of the market. It also doesnt use any ISA allowance as it remains in the ISA tax wrapper.

    Different funds would use transfer (sell and rebuy) but that is still done within the ISA wrapper and doesnt use any allowance.

    You must not cash/surrender the ISA yourself. You must either re-register or transfer.
    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.
  • many thanks will contact h/l and re-register
  • If your existing funds are in a Fund Account with Hargreaves Lansdown ( ie. outside of the ISA wrapper ) it is possible that you can move them as stock to use your maxi-ISA allowance for this year. I did this with cash in my Fund Account after I had sold some funds to use up some of my capital gains allowance. Why not do that? I sold the funds online and arranged the transfer to my ISA over the phone and they were very helpful. You will need your bank details and maybe yout National Insurance number to hand when you ring them.
This discussion has been closed.
Meet your Ambassadors

Categories

  • All Categories
  • 346.7K Banking & Borrowing
  • 251.4K Reduce Debt & Boost Income
  • 451.5K Spending & Discounts
  • 239K Work, Benefits & Business
  • 614.5K Mortgages, Homes & Bills
  • 174.9K Life & Family
  • 252.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.