drip-feed buy every month or wait for cash to accumulate?

user1168934

badger09 wrote: »

I think you've got your order of decisions wrong. I'd suggest
1) decide what you want to invest in
2) decide how you're going to invest (lump sum, drip feed etc)
3) choose appropriate platform

If you want to keep all your existing investments currently in your S&S ISA with SVS, you can do so.

On or after 6th April 2019 you simply open a new S&S ISA with whichever provider you've chosen, and start paying into that one. What you can't do, is pay into S&S ISAs with both providers during the same tax year.

Thanks a lot. I have not paid anything into my ISA this year. I guess that means I can open a new S&S ISA with another provider today if I wanted to.

masonic

user1168934 wrote: »

Thanks a lot. I have not paid anything into my ISA this year. I guess that means I can open a new S&S ISA with another provider today if I wanted to.

Yes you could do that.

To answer an earlier question, when transferring a S&S ISA you can choose to transfer the investments without selling them (an 'in specie' transfer) providing the investments can be held in the receiving platform, or you can liquidate your investments and transfer in cash. There are generally costs involved in both routes, but in specie transfers can be slow and painful. In your case, unless you want to change your investments, they are better off staying where they are as there is no cost to holding them there.