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HL and Cavendish s&s ISA

Robie
Robie Posts: 150 Forumite
Tenth Anniversary 100 Posts Combo Breaker
in Savings & investments
I have s&s isas with HL and Cavendish. Both from previous years.
  1. Can I sell & buy (using the money from the selling of a fund) from both accounts? Sell something from HL and buy in HL and same for Cavendish.
  2. But, I can only add money to one account, i.e. either HL or Cavendish for this year!
  3. I can (if I wanted to but I don't see any reason for it) open a 2013/2014 s&s isa with a 3rd party, e.g. TD Waterhouse!

Thanks
Robie

Comments

  • Biggles
    Biggles Posts: 8,209 Forumite
    1,000 Posts Combo Breaker
    Robie wrote: »
    I have s&s isas with HL and Cavendish. Both from previous years.
    1. Can I sell & buy (using the money from the selling of a fund) from both accounts? Sell something from HL and buy in HL and same for Cavendish.
    2. But, I can only add money to one account, i.e. either HL or Cavendish for this year!
    3. I can (if I wanted to but I don't see any reason for it) open a 2013/2014 s&s isa with a 3rd party, e.g. TD Waterhouse!
    Correct on all counts.
  • Lokolo
    Lokolo Posts: 20,861 Forumite
    Part of the Furniture 10,000 Posts
    3) is only applicable if you don't do 2).
  • Robie
    Robie Posts: 150 Forumite
    Tenth Anniversary 100 Posts Combo Breaker
    Thank you Lokolo and Biggles.

    That puts my mind at ease as I was thinking of tidying up my portfolio on both isas.
This discussion has been closed.
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