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Selling and rebuying inside a stocks and shares ISA?
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Excellent reply, thanks very much for taking the time to explain it to me.Alexland said:Langtang said:So, if I have 85k in an ISA and 85k in a S&S ISA with the same bank, are they both protected? I assume that the shares are not lost if bank goes bust. Am I correct?The accounts are only protected up to a combined £85k but provided there has been no fraud or error on the investment account the shares should be in a segregated client nominee account and the FSCS would only need to cover the lost cash in the bank account. Of course if the investment account held shares in the bank that just went bust that would be lost too!
Sheesh, I can't even figure out how to separate quotations on this forum, heaven help me with money...It'll be alright in the end. If it's not alright, it's not the end....1 -
Langtang said:Sheesh, I can't even figure out how to separate quotations on this forum, heaven help me with money...Click the quote button for the first time, delete text that is not required, type your reply underneath.Then click the quote button for the second time, delete text that is not required, type your reply underneath.1
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Jeez, that easy. Oy vey. Thanks.Alexland said:Langtang said:Sheesh, I can't even figure out how to separate quotations on this forum, heaven help me with money...Click the quote button for the first time, delete text that is not required, type your reply underneath.Then click the quote button for the second time, delete text that is not required, type your reply underneath.It'll be alright in the end. If it's not alright, it's not the end....0
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