Hey guys, living in the UK and hope I can find some advice from the community regarding an isa transfer.
I opened an AJ bell ISA mid tax year as I started my investment journey, however later in the year discovered Trading212 which I prefer and have currently been investing with the invest account.
I want to create a T212 Isa, is it possible to open one this tax year since I already opened one with AJ bell? If so could I open one, transfer all the cash from AJ bell and transfer my cash from T212 invest account all into this new isa?
Or do I have to wait till April to open the T212 Isa and transfer it then?
Just wanted to shed light on few bits from @Dao’s kind and helpful reply. You are allowed to open an ISA with us, but you’ll need to request a transfer for your current tax year contributions with AJ Bell. This is stated in HMRC regulations, according to which an investor is allowed to hold no more than one active S&S ISA in a current tax year.
Check your inbox, @giorgiomuscat . I’ll send you a DM with more information.