I have a S&S ISA with Hargreaves Lansdown which I paid into for the previous couple of tax year. Not added any money this tax year.

Now I want to open a S&S ISA with iWeb, and pay in to this one in this financial year. Do I have to do anything to the H-L one before doing this? ie do I somehow have to notify H-L that I wont be adding fund any longer? Or is it enough just to open the new account and exclusively pay into it?

Anyone else have an iWeb account? How do you find it?

You just do it, it’s none of HL’s business.

I did a bit of research into this last year. iWeb don’t have the best reputation. If you want cheap, have a look at Cavendish Investments. If you want full service and don’t mind paying for it then stick with HL. I use Interactive Investor because the ISA is fee-free alongside a SIPP.

Also its a fairly easy process to transfer ISAs between providers if you want it all in one place.

Ah, nice one. Just as I thought. Thanks Mike.