transfering stock ISA from Vanguard to T212 but T212 does not have the same stock.

wmb194

eaustin said:

ColdIron said:

I wouldn't let the charges tail wag the investments dog. You could consider a full service platform such as IWeb and keep your OEICs. £0 annual fee and £5 to trade

That’s interesting. Assuming all my funds are held on IWeb that would minimise the risk. I could then buy the new funds and potentially move platform again at a later date. Never heard of IWeb, all I hear about is Trading212 and InvestEngine

iWeb is a trading name of Halifax Share Dealing and is ultimately owned by Lloyds Banking Group.

https://www.iweb-sharedealing.co.uk/

eaustin

ColdIron said:

I wouldn't let the charges tail wag the investments dog. You could consider a full service platform such as IWeb and keep your OEICs. £0 annual fee and £5 to trade

My original platform don’t seem to be being very helpful. I have checked IWeb and they have all twelve funds in my current portfolio. 

I can transfer these in specie and then make changes to my portfolio and potentially transfer to a different portfolio in the future. 

How risky is it to have more than £85,000 on one platform?

Aidanmc

eaustin said:

ColdIron said:

I wouldn't let the charges tail wag the investments dog. You could consider a full service platform such as IWeb and keep your OEICs. £0 annual fee and £5 to trade

My original platform don’t seem to be being very helpful. I have checked IWeb and they have all twelve funds in my current portfolio. 

I can transfer these in specie and then make changes to my portfolio and potentially transfer to a different portfolio in the future. 

How risky is it to have more than £85,000 on one platform?

https://forums.moneysavingexpert.com/discussion/6590202/85k-fscs-limit-stocks-and-shares-isas

dunstonh

How risky is it to have more than £85,000 on one platform?

If you are with a large platform that is profitable and deals mostly in liquid assets then not an issue.  If you are a with a niche player that is not profitable then the risk increases.  If it also uses a high ratio of illiquid assets, then the risk ramps up.

ColdIron

eaustin said:

ColdIron said:

I wouldn't let the charges tail wag the investments dog. You could consider a full service platform such as IWeb and keep your OEICs. £0 annual fee and £5 to trade

That’s interesting. Assuming all my funds are held on IWeb that would minimise the risk. I could then buy the new funds and potentially move platform again at a later date. 

You could just transfer your OEICs to them in specie and stay in the market

Never heard of IWeb, all I hear about is Trading212 and InvestEngine

T212 and IE are new(ish) entrants to the investing universe. IWeb is a trading name of Halifax Share Dealing who are part of the Lloyds Banking Group
https://www.lloydsbankinggroup.com/who-we-are/our-brands/iweb.html

They are excellent for larger amounts and infrequent dealing. I've been using them since 2018 and many here for a lot longer