Child Trust Fund transfer to Jisa - which provider?
Child Trust Fund transfer to Jisa - which provider?
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Discussion

rfisher

Original Poster:

5,064 posts

313 months

Friday 21st September 2018
quotequote all
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

513 posts

225 months

Saturday 22nd September 2018
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Not a recommendation, but I'm in the process of transferring our kids ctfs to Jisas with Hargreaves lansdown.

anonymous-user

84 months

Saturday 22nd September 2018
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I've found AJ Bell good. Transferred there from Share Centre.

LeadFarmer

7,411 posts

161 months

Saturday 22nd September 2018
quotequote all
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

513 posts

225 months

Saturday 22nd September 2018
quotequote all
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

Original Poster:

5,064 posts

313 months

Saturday 22nd September 2018
quotequote all
Any idea what the fees are for these providers?

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

DodgeeDave

513 posts

225 months

Saturday 22nd September 2018
quotequote all
With HL It seems to vary depending on the funds you invest in. Details on their website.

bmwmike

8,717 posts

138 months

Saturday 22nd September 2018
quotequote all
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.