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who has the lowest fees for holding shares?
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You can't move shares into a SIPP, you'd need to sell them and pay in the cash and there are only limited ways to move them into an ISA depending on the share save scheme detailsBrie said:I've been told I need to move my ill gotten gains from my former employer's share purchase/save schemes out of where they are currently held as I'm no longer their employee.
I would consider a SIPP and think I could most easily set up another account with BarclaysRemember the saying: if it looks too good to be true it almost certainly is.2 -
Thanks - very helpful. The shares are no longer within the work share scheme but with the related broker so transferring to an ISA shouldn't be a problem. Still waiting for confirmation but it appears the charge will be £4 a month so only £48 a year which is significantly less than what the dividends have been paying even in this garbage market.jimjames said:
You can't move shares into a SIPP, you'd need to sell them and pay in the cash and there are only limited ways to move them into an ISA depending on the share save scheme detailsBrie said:I've been told I need to move my ill gotten gains from my former employer's share purchase/save schemes out of where they are currently held as I'm no longer their employee.
I would consider a SIPP and think I could most easily set up another account with BarclaysI’m a Forum Ambassador and I support the Forum Team on Debt Free Wannabe, Old Style Money Saving and Pensions boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.
Click on this link for a Statement of Accounts that can be posted on the DebtFree Wannabe board: https://lemonfool.co.uk/financecalculators/soa.php
Check your state pension on: Check your State Pension forecast - GOV.UK
"Never retract, never explain, never apologise; get things done and let them howl.” Nellie McClung
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Is it still within 90 days of the shares leaving the scheme?Brie said:
The shares are no longer within the work share scheme but with the related broker so transferring to an ISA shouldn't be a problem.
https://www.gov.uk/tax-employee-share-schemes/transferring-your-shares-to-an-isa
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No - it's nearly a year. And I hadn't considered the £20k limit which I'm over. OK so it's going to have to be a investment account instead.eskbanker said:
Is it still within 90 days of the shares leaving the scheme?Brie said:
The shares are no longer within the work share scheme but with the related broker so transferring to an ISA shouldn't be a problem.
https://www.gov.uk/tax-employee-share-schemes/transferring-your-shares-to-an-isaI’m a Forum Ambassador and I support the Forum Team on Debt Free Wannabe, Old Style Money Saving and Pensions boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.
Click on this link for a Statement of Accounts that can be posted on the DebtFree Wannabe board: https://lemonfool.co.uk/financecalculators/soa.php
Check your state pension on: Check your State Pension forecast - GOV.UK
"Never retract, never explain, never apologise; get things done and let them howl.” Nellie McClung
⭐️🏅😇🏅🏅🏅🏅🏅0
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