ISA transfers.

Why consider an ISA with Legal & General Investments?

There's no initial charge when buying direct from us so you'll have more to invest.
We’re one of the largest stocks and shares ISA providers in the UK, managing over £6 billion of ISA funds. So, if you choose to invest with us, you’ll be in good company!

Some things to consider when transferring your ISA

You can transfer both a cash ISA and a stocks and shares ISA from previous years in full or in part.
We don't charge a transfer fee but your current provider may.
If you wish to transfer the current tax year's cash ISA or stocks and shares ISA to us you'll need to transfer the full amount you've invested in your ISA.
Minimum transfer £500.
You can't transfer from a stocks and shares ISA to a cash ISA.
Transferring to us will not affect this year's allowance and you won't lose out on your tax benefits.

There are a few simple steps to follow:

Decide which of our funds you'd like to transfer your ISA into
Download the ISA transfer form (PDF), fill it in and sign it
Post the form to us at:

Legal & General Investments
PO Box 6080
Wolverhampton
WV1 9RB

We're unable to transfer ISAs online as HM Revenue & Customs (HMRC) require us to get a signature from you. They do this to make sure you’ve authorised the ISA transfer - so it's a step to protect you. Once you’ve posted your completed transfer form to us you can let us do the rest.

Important information about ISA transfers

Your transfer will take a minimum of 14 days.
Whilst your ISA transfer is being processed you can’t transfer it back, but you can withdraw your money and we won’t charge you for doing this.
Some of our funds may invest overseas. Changes in exchange rates between currencies may cause the value of your investment and the level of any income to rise or fall.
Whilst your ISA transfer is taking place you won't benefit from any rise in the markets and you could lose some income or growth.
If you withdraw the money during an ISA transfer, you may not get back the full amount that you transferred and you will lose this amount from your ISA allowance.
The tax efficiency of ISAs is based on current rules. The current tax situation may not be maintained. The benefit of the tax treatment depends on individual circumstances.
The value of your investment and any income from it may fall as well as rise and is not guaranteed.
You may get back less than you invest.
Although there is no fixed term you should consider ISA and unit trust investments to be medium to long term, ideally five years or more.