What's a good fund supermarket.

Mar 09, 2006 1 Replies
S

I'm with Fidelity. With the tax year running out I decide to log on and top up my funds from some of this years allowance.



Only I can't, I have to reapply from scratch for a new mini equity ISA. I suppose I will be asked to pay in not just the minimum top-up, but the minimum lump sum. As far as they're concerned my 2005/6 ISA is a new account, not a continuation of an old one.



To take out a new ISA I have to fill in all my details (AGAIN!) and print out and sign the form and send it off.



I this normal? Or is anyware else more flexible?


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Bitstring , from the wonderful person Simon Jerram said

This is normal only if you did not make a contribution during the last tax year (04-05), in which case you have to sign up again. if you did make a contribution last year the account is/should be regarded as active and you can contribute more easily. That's the rules for ISAs for all providers.

I personally use Hargreaves Lansdown, as they give me cashback (and I can get all the funds I cared about).

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