Pension, Cash ISA or Stocks and Shares ISA
Pension, Cash ISA or Stocks and Shares ISA
Author
Discussion

Spydaman

Original Poster:

1,670 posts

288 months

Thursday 6th October 2016
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I've got some money in a cash ISA where the fixed rate has just ended. I can transfer it to another fixed rate making almost nothing, to my S+S ISA making a bit or my pension and get the tax relief plus a bit more than the S+S ISA. It seems like a no brainer or am I missing something.

DibblyDobbler

11,493 posts

227 months

Thursday 6th October 2016
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If you stick it in the pension you can't get it back until 55 earliest? So depends when you might need the money I guess...

Spydaman

Original Poster:

1,670 posts

288 months

Thursday 6th October 2016
quotequote all
I am 55 and would leave some in the S+S ISA for emergencies.

DibblyDobbler

11,493 posts

227 months

Thursday 6th October 2016
quotequote all
In that case I would go for it smile