Getting into the market

Notepad_Phil

valuepack said:

If I invest in equities in a GIA I'll have to sell up at end of year to move the money across. I'll be at the mercy of whatever the sale value is at that time, plus fees and cgt.

Yes you will have fees and cgt, but the purchase price will likely be close to the sale price unless you're out of the market for more than a short time or there's some big news that's just come out (which I have to admit there has been quite a bit of recently).

If you are thinking of moving from a GIA to a S&S ISA then you may want to consider shares, investment trusts and ETFs rather than OIEC funds as provided you have money ready in a S&S ISA then you can time the purchase and selling to within seconds of each other.

LHW99

There's always premium bonds for some of it - generally poor "returns", but you never know and they are tax free.

Albermarle

LHW99 said:

There's always premium bonds for some of it - generally poor "returns", but you never know and they are tax free.

I was also going to suggest £50K in Premium Bonds.
Average prize rate is 3.8% but may go down soon ( 3.6% ?) However with no tax they compare reasonably OK with other easy access accounts if you have to tax on the interest.