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AJ Bell ISA Transfer Times
Starwarsb2b
Posts: 14 Forumite
I am interested in knowing actual/typical ISA transfer times to AJ Bell. Nothing complicated to transfer, 10 Funds managed/trackers, just household names.
The funds are being transfered from HL.
AJ Bell are quoting 6 to 12 weeks, which seems a long time.
Any experiences appreciated.
The funds are being transfered from HL.
AJ Bell are quoting 6 to 12 weeks, which seems a long time.
Any experiences appreciated.
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Comments
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6 to 12 weeks sounds about right to me, if not a little optimistic. Fund houses are generally quite slow to reregister funds to a new nominee - it's not really a priority activity for them.
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AJ Bell are quoting 6 to 12 weeks, which seems a long time.
If its an inspecie transfer that they could be underestimating transfer times. If its a cash transfer then its usually days.
I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.1 -
Yes inspecie transfer.dunstonh said:AJ Bell are quoting 6 to 12 weeks, which seems a long time.If its an inspecie transfer that they could be underestimating transfer times. If its a cash transfer then its usually days.
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Are the managed funds/trackers you are transferring exchange traded funds or UTs/OEICs?"If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes” Warren Buffett
Save £12k in 2021 - #027 £15,268 (76%)1 -
Then allow up to 6 months. Although typically 3 months with most.Starwarsb2b said:
Yes inspecie transfer.dunstonh said:AJ Bell are quoting 6 to 12 weeks, which seems a long time.If its an inspecie transfer that they could be underestimating transfer times. If its a cash transfer then its usually days.
I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.1 -
UT I believe. Like this:george4064 said:Are the managed funds/trackers you are transferring exchange traded funds or UTs/OEICs?
VANGUARD FTSE DEVELOPED EUROPE EX-UK EQUITY INDEX ACCUMULATION (GBP)
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My in specie ISA transfer from HL to Bell took the best part of 6 months“Like a bunch of cod fishermen after all the cod’s been overfished, they don’t catch a lot of cod, but they keep on fishing in the same waters. That’s what’s happened to all these value investors. Maybe they should move to where the fish are.” Charlie Munger, vice chairman, Berkshire Hathaway1
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I don't feel comfortable with those sorts of process times.0
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Sell the investments, transfer in cash.
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But then you are out of the market. How many days would that be typically?kuratowski said:Sell the investments, transfer in cash.0
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