ISA - Standard Life - Help needed

Biffo1

Wonder if anyone can help? I have an ISA at Standard Life that I need to cash in BUT I am not sure if the ISA would allow me to a share entitlement next year when Standard Life could float. Does anyone know the answer to this at all?

EdInvestor

Hello Biffo,

To get shares you need to be a member and to be a member you need to be invested in the With profits fund.AFAIK this doesn't come in an ISA format but suggest you call them up and check.

Biffo1

Hi,

Thanks for your help - I shall confirm it with them when I call.

carnet

You should have taken out a £20 one-off WP Stakeholder Pension "plan" .

That would have qualified for the likely £500 or thereabouts compensation for loss of voting rights - not a bad return on the "investment"

Biffo1

Hi Carnet,

Thanks for that info - I have got a couple of other policies with Standad Life which i believe entitle me to some shares but I just didnt want to lose any extra by cashing in my ISA.