Cash ISA to S&S ISA - recommendations

[Lotobear]

I'm an investor numpty - no interest in it and happy to make a decision and wait, for better or worse.

I have a private pension with SJP and a S&S ISA with them (as I said, no interest in it). I have some cash ISA's, bonds and other cash holding with NBS. I have 16k in some ISA accounts that I'd like to move to a S&S ISA to try and gain some growth over a minimum of 5 years (as I approach retirement).

SJP 'initial fee' to move these were, frankly, a joke - it's more transparent now which is a good thing but perhaps not for them.

Any suggestions on an online tracker type ISA I can move these to, and an appropriate fund. Happy with medium risk.

Cheers

[Mabbs9]

I've used Nutmeg, who have recently become JP Morgan. Simple and decent app. As usual you answer a set of questions that assesses your appetite for risk. It then suggests the risk range that suits you and your pick on a scale of 1-10.

I find it easy. I'm at 9/10 most of the time. In for the long term. Good luck with whether whatever you decide. Have a read of the fees to assess the whole picture. More fun and very likely to do much better than cash over the medium plus term.

[mikeiow]

If you have no interest in investing, maybe follow Lars broad advice & pick yourself a low-cost tracker.

Easiest option might be a Vanguard LS80 or similar - or pick a platform like AJBell or HL & pick a broad global fund, such as MSCI World index, Fidelity Index World Fund or similar.

I'd be sure to ditch the famously hideous SJP running costs.
Including the pension - if they have punitive leaving fees, you could stop it dead and start one elsewhere, then move SJP one away in 5-6 years.

[alscar]

Even with SJP’s new transparent charging it’s a shame your Partner wouldn’t offer you a reduced charge given your other investments and the fact I guess you’ve been with them for a while ?

[Jon39]

Lotobear said:

... SJP 'initial fee' to move these were, frankly, a joke ...

The only dealings that I have ever had with SJP, was when they invited me to have a lovely lunch at a top hotel.

Their only fees on that occasion, consisted of having to endure their preceeding sales pitch.
Knowing a little about the firm and their fees, I didn't fall for that, so overall I thought the service that they provided to me was very good value.