Do I have to move to the ii platform?
You can opt out of the move if you wish. You can do this through the setting section in your account online up until 4.30pm on Wednesday 3 February. If you choose to opt out, you will need to sell and withdraw your money and investments as your existing service is closing at 4.30pm on Friday 5 February. There may be tax consequences in doing this. If you are not sure what these may be for you, we recommend you seek professional advice before acting..
If you hold a Junior ISA the tax rules mean that only the child that is its beneficial owner can make withdrawals when they are 18. So the option of withdrawing is not open to you.
Our hope is that you will agree to the move as we are combining with ii for an even better investment service for you. You will not pay an exit charge if you decide to leave before or after the move, so you have nothing to lose by trying your new service.
We are confident you will like ii’s simple fair fees. In fact, if after six months you would have paid less at The Share Centre, ii will refund the difference. Terms apply.