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ISA transfer initiated 28.12.20 still not complete, advice if possible

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Comments

  • shaz4473
    shaz4473 Posts: 50 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    Apologies for late response from me, haven't been online.  Thanks for all the comments here and also to Jaybeetoo for explaining the term in-specie. I am transferring from Fidelity International to AJ Bell.  I appreciate you advising that the shares are not out of the market, it's just that I can't sell them.  Not knowing how it worked I wondered what was happening as app 75% of the shares had values confirmed back at the beginning of February and I thought that they would sit at that value.   I realise from reading the other posts that the time delay is not unusual and I just need to keep an eye on it.  Perhaps not a good time to be doing a transfer with the markets the drop I have seen in my other shares recently but that's the risk we take!  
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    shaz4473 said:
      Perhaps not a good time to be doing a transfer with the markets the drop I have seen in my other shares recently but that's the risk we take!  
    Cash transfer would be far more expedient. 
  • shaz4473 said:
      Perhaps not a good time to be doing a transfer with the markets the drop I have seen in my other shares recently but that's the risk we take!  
    Cash transfer would be far more expedient. 
    There are Pros and Cons to each.
    Going to cash risks being out of the market - I wouldn't have wanted that when the vaccines were announced around November last year.
    Personally I have always gone with in-specie transfers but I am mainly in UT / IT and lower risk blue chips - and tend to hold for the extremely long term so the inability to trade for a period of time doesnt overly bother me.
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