Child Trust Fund transfer to Jisa - which provider?

[rfisher]

Looking to transfer a CTF to a Jisa.

Current fees for the CTF are 1.5% which is a bit painful and the whole lot is in a UK S&S tracker.

It's quite likely that the impending no deal Brexit will cause a fairly big downturn in the FTSE in the short to mid term, so I'd like to move this to a Jisa and diversify the mix a bit more.

I was looking at Fidelity but they don't offer CTF transfers to a Jisa.

So which provider would the PH finance bods suggest is best for this?

[DodgeeDave]

Not a recommendation, but I'm in the process of transferring our kids ctfs to Jisas with Hargreaves lansdown.

[anonymous-user]

I've found AJ Bell good. Transferred there from Share Centre.

[LeadFarmer]

DodgeeDave said:

Not a recommendation, but I'm in the process of transferring our kids ctfs to Jisas with Hargreaves lansdown.

Does their website allow for an easy online transfer?

[DodgeeDave]

I had to print off a blank form & fill it in by hand to send off. It's pretty straight forward so far & we had a response from HL within a couple of days with PIN numbers to new accounts. I think by law they need to wait 14 days before the actual transfer of funds though.

[rfisher]

Any idea what the fees are for these providers?

I'd like a wide range of funds as well.

[DodgeeDave]

With HL It seems to vary depending on the funds you invest in. Details on their website.

[bmwmike]

I'm in process of doing same, CTF to AJB S&S ISA. No other reason than equalisation between the kids as one has a CTF the other was born after the cut off. Cost and performance is probably a good reason too.

My problem with AJB is despite their website they still require paper forms for things like regular direct debits.