On 6th April the ISA (Individual Savings Account) & PEP (Personal Equity Plan) rules changed. The annual ISA allowance increased to £7,200, PEPs have become Stocks and Shares ISAs and you can now also transfer Cash ISAs into Stocks and Shares ISAs.
Most importantly you can now consolidate all your ISAs - your old Maxi, Mini Stocks and Shares ISAs, PEPs, even your Cash ISAs - into one new Main Stocks & Shares ISA .
However many fund managers are simply not offering their clients this choice, now that the changes have come into force- but Hargreaves Lansdown are. Therefore, if you do want to consolidate your holdings, bring them into the Vantage Service today and, with our free transfer offer, transferring needn't cost you a penny if you act by 30th April.
How to transferTransferring is easy. In most cases, there is no need to change your holdings and your tax shelters will be preserved. What's more our free transfer offer means you can transfer ISAs from over 45 groups and it needn't cost you a penny.
Simply use a transfer form from a recent investment times, download a transfer form here or call our Help Desk on 0117 900 9000 to request a form.
If you have any questions about the new rules or transferring please don't hesitate to contact us.
This offer only applies to unit trust or OEIC holdings. If you hold investment trusts, shares or other holdings we may still be able to save you money on exit fees, please call our helpdesk on 0117 900 9000 for further information.
Please remember that you must return your form by 30th April to qualify for our free transfer offer.
