ISA Transfers

For indivduals who have built up ISA portfolios and who may wish to change their investment strategy. Perhaps you invested for growth but wish now to switch to income, or your risk profile has changed through circumstance. There are various options available to you that will enable the transfer of funds tax-efficiently between ISA managers in the same way you could do so under the previous ISA regime.

For all of you holding various holdings with different fund management groups, it is worth bearing in mind the opportunities offered by transferring them to a multifund or a Wrap provider. These types of providers can offer access to a vast range of funds at discounted charges and can provide flexible income options.

You are able to transfer your previous years' cash ISAs into Stocks and Shares ISAs without affecting your current year's ISA allowance. You can also transfer your current year’s cash ISA to a Stocks and Shares ISA, provided you transfer the whole amount.

For those of you that have large cash ISA holdings, but would like to have the opportunity of participating in stock market growth without risking your initial capital, there are equity-linked products providing guaranteed returns. These are often term accounts between 3 and 6 years and can either be linked to the growth of an index or to a portfolio of funds.

We can help guide you through what can be a minefield of choices.

Investment Warning:
Past performance is not necessarily a guide to the future and the value of units, and the income provided from them, can go down as well as up. You are not guaranteed to get back your original investment at any time.