I have a question that I seem to keep getting mixed answers on and I hope you can help me out with.
Regarding UK Stocks and shares ISA’s
If I have a stocks and shares ISA, which I have opened and funded this year fully with the current years max allowance (£20,000), can I open another stocks and shares ISA this year and fund it only with previous years subscriptions (i.e an ISA Transfer)?
So, in a nutshell, to sum up my position right now: im mid way through transferring a hefty amount to trading212 to top up my £20,000 currently invested this year. Ideally I would like to stay below the £85,000 FCA protection, and wish to open another stocks and shares ISA to spread out my money.
Any help folks? TY