Jump to content

Multiple years ISA distinctions?


Recommended Posts

Question about my ISA account on IG, if I have more than one years ISA on IG is it seperated in the ISA account section? Or does each year of ISA open up a new account and therefore subsequent fees?
The reason I ask is I'm transfering a previous years ISA to IG from Fidelity and the cash element has gone over into the ISA account (still waiting for the shares to come over). But there is no distinction it is a separate years ISA.
It all just comes under the account ISA, even though there are now two separate years of ISA in there.. is this normal or a mistake they have made?
Thanks and Happy New Year!!

For the record, transfering from Fidelity to IG has so far taken two months and I have spent 10hrs on the phone sent 10 emails.  Both parties blame each other for the delay and to date they have only transferred the cash element (which I now suspect they have messed up!).  Not being able to speak directly to either transfers team directly and having to go through helpdesk is constantly dealing with middle men and it's a big game of Chinese whispers.

I have not been able to trade my ISA for 2 months and have lost out on opportunities.  I have lost out financially and it has cost me.

The transfers system is a complete joke between companies and has given me anxiety and stress and cost me money.

Link to comment
On 31/12/2020 at 16:03, Matt5100 said:

Question about my ISA account on IG, if I have more than one years ISA on IG is it seperated in the ISA account section? Or does each year of ISA open up a new account and therefore subsequent fees?
The reason I ask is I'm transfering a previous years ISA to IG from Fidelity and the cash element has gone over into the ISA account (still waiting for the shares to come over). But there is no distinction it is a separate years ISA.
It all just comes under the account ISA, even though there are now two separate years of ISA in there.. is this normal or a mistake they have made?
Thanks and Happy New Year!!

Hey @Matt5100

All your ISA cash and stock is held in one account. We have 2018-2019 allowance in the same account as your 2019-2020 allowance. You don't get charged double fees. 

The stock transfer always takes a little bit longer than the cash to come across. If you need an update you can always live chat or email us if you need us :)

When we receive cash and stock from other providers they let us know which tax year it falls under. 

I hope this helps, let me know if you need anything else by '@' me :) 

All the best 

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • image.png

  • Posts

    • Experience the future of staking with Renzo, a revolutionary re-staking protocol based on EigenLayer. Renzo abstracts the complex process of user re-staking, alleviating concerns about operator selection and reward strategy management for stakers. Renzo Protocol is not just limited to Ethereum; it aims to provide users with access to the EigenLayer ecosystem across multiple blockchain networks. From Ethereum to Arbitrum, Linea, Mode, Base, BNB, and OKX L2 chain networks, Renzo offers a unified interface for staking and re-staking, regardless of the underlying blockchain. This interoperability ensures that users can seamlessly navigate the EigenLayer ecosystem and maximize their staking potential. Excitement builds as Renzo Protocol (REZ) joins Bitget Pre Market Trading Platform, offering users the chance to pre-trade REZ before its official listing. Pre-market trading provides an over-the-counter (OTC) marketplace for new coins, allowing users to access early trading opportunities and discover potential investment prospects before the wider market. With Renzo on Bitget Pre Market Trading Platform, users can take advantage of exclusive trading opportunities and be part of the Renzo revolution from the outset.
    • Ready to Fight represents the first real attempt at bringing the global boxing community of over 50 million athletes, promoters, trainers, managers, and diehard fans into the world of decentralized social media and finance (SocialFi). It was founded by none other than heavyweight boxing superstar Oleksandr Usyk and blockchain entrepreneur Sergey Lapin. The native RTF token acts as the lifeblood of this intricately designed web3 social network. Stake RTF to access premium content and services. Use it to directly sponsor fighters you support or pay trainers for their time. Spend RTF on limited-edition boxing gear or merchandise drops. Thanks to the RTF listing on Bitget, crypto enthusiasts and boxing fans alike can now invest in and drive the rapidly expanding ecosystem. The low initial circulating supply and market cap suggests a massive upside for this first-of-its-kind SocialFi platform serving the boxing world.
    • Pepe Coin's surge, driven by significant whale accumulation, has propelled it to the third-largest meme coin position. With strategic buying, the investor has already seen substantial profits, sparking bullish sentiment in the broader meme coin sector.
×
×
  • Create New...
us