Question about swapping Share ISA accounts

Tom99

musashi10 wrote: »

Ok, that is a good idea to phone and make sure I cannot transfer the funds.

I got the original info from http://www.hl.co.uk/investment-services/isa/transfer-an-existing-isa - terms and further conditions.

Would be great if I could transfer for sure!

Thank you

That looks like a list of Fund managers not the platform you are holding them on.

Alexland

musashi10 wrote: »

Vanguard S&P 500 ETF
Picet Asset MMT Robotic Funds
Lindsell Train UK Equity Fund
Fidelity Funds India Focus Inc

Okay - so 1 ETF and 3 funds.

Looking at the charges PDF for Charles Stanley Direct then I cannot see any charges for either in-specie Investment transfers-out or ISA transfer-out or closure. As such it looks like they will let you leave invested or in cash without charging you. You might want to check this with them.

I think it's then worth phoning HL to confirm if they will charge you for an in-specie transfer-in of these investments. I can see no standard charge for this on the main website but it might be deep in their heavy T&Cs. Still if they want you as a customer they are likely to offer this for free.

Alex.

musashi10

Thank you so much for your help.