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Can I manage my partners ISA on my IG account


Guest McTrucky

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Guest McTrucky

HI,  Newbie question here....

 

I have set up my account and am trading within my ISA.  All good and well.

Can I add a second ISA Account in my partners name and National Insurance no. and trade with that also (to allow us to invest £40k instead of £20k p.a.).  If so, how?

Don't want to have to logout and then back in again with a new user name to access the new account, would rather see all our shares/activity in one place.

 

Thanks

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37 minutes ago, Guest McTrucky said:

HI,  Newbie question here....

 

I have set up my account and am trading within my ISA.  All good and well.

Can I add a second ISA Account in my partners name and National Insurance no. and trade with that also (to allow us to invest £40k instead of £20k p.a.).  If so, how?

Don't want to have to logout and then back in again with a new user name to access the new account, would rather see all our shares/activity in one place.

 

Thanks

Hi @McTrucky

Thanks for reaching out. Your partner has to register/setup their own account first and then submit Power of Attorney (POA) which is an authorisation to act on someone else’s behalf on an account. Apply directly by completing our Limited Power of Attorney form: POA form
 
Please kindly visit this link for more information: https://www.ig.com/uk/joint-account-and-power-of-attorney
 

You can find out more by contacting us on the below:

Phone: 0800 195 3100 (freephone) or +44 (0)20 7633 5300
Email: newaccountenquiries.uk@ig.com

 

All the best - MongiIG

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Thanks MongilG,

This looks straight forward enough:

1-set up new login in her name

2-Provide POA form with relevant ticked boxes

3-You then convert the two separate accounts into a joint account.

This then would allow me to trade and act on her behalf (within stated limitations).

But just to be sure, would this then allow me to see her portfolio on the same screen, and would each trade count towards the 'three per month' to give the discounted rates.  In short - could I trade seamlessly across both ISAs.  

 

Thanks

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20 hours ago, McTrucky said:

Thanks MongilG,

This looks straight forward enough:

1-set up new login in her name

2-Provide POA form with relevant ticked boxes

3-You then convert the two separate accounts into a joint account.

This then would allow me to trade and act on her behalf (within stated limitations).

But just to be sure, would this then allow me to see her portfolio on the same screen, and would each trade count towards the 'three per month' to give the discounted rates.  In short - could I trade seamlessly across both ISAs.  

 

Thanks

Hi @McTrucky

image.png

When the ‘attorney’ wishes to login into the donors account, they will log into their own account and then have the ability to switch to the account they have POA over.

This is different from a joint account in that the account remains in the one client’s name –the account holder (donor), and only they have complete control over the account. With ISA accounts you can’t have joint account because it’s a personal tax allowance.

 

Hope this helps.

 

All the best - MongiIG

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