Post by octopusjoe on Jan 17, 2018 14:46:58 GMT
Hi everyone,
As some of you seem to have already noticed, ISA transfers into Octopus Choice are now available! There's been a lot of demand from users of this forum since we launched our ISA last summer, and we've been working hard on them ever since.
For those interested, we've tried to make the process as easy as possible. There's three simple steps to get set-up:
1. Give us details of your existing ISA and we'll prepopulate a transfer form
2. Download, print off and post to your existing ISA provider
3. We'll do the rest and let you know when the transfer's complete
If you don't already have an Octopus Choice ISA account, you'll need to set one of these up, too. But that should only take a couple of minutes.
Of course, because investments are concentrated in loans secured against property, they could be affected by market conditions. And for the same reason, instant access to your money can't be guaranteed. You should know that the value of an investment can fall as well as rise, and you may not get back the full amount they invest.
The Octopus Choice ISA isn't a flexible ISA. Any withdrawals that you make from this year's money will still count towards your ISA allowance. Tax treatment is subject to change and depend on individual circumstances.
Please let me know if there's any questions. Or feel free to check out our updated FAQ, too. As always, if you've any feedback on any of the process, we'd love you to share it.
Thanks,
Joe
As some of you seem to have already noticed, ISA transfers into Octopus Choice are now available! There's been a lot of demand from users of this forum since we launched our ISA last summer, and we've been working hard on them ever since.
For those interested, we've tried to make the process as easy as possible. There's three simple steps to get set-up:
1. Give us details of your existing ISA and we'll prepopulate a transfer form
2. Download, print off and post to your existing ISA provider
3. We'll do the rest and let you know when the transfer's complete
If you don't already have an Octopus Choice ISA account, you'll need to set one of these up, too. But that should only take a couple of minutes.
Of course, because investments are concentrated in loans secured against property, they could be affected by market conditions. And for the same reason, instant access to your money can't be guaranteed. You should know that the value of an investment can fall as well as rise, and you may not get back the full amount they invest.
The Octopus Choice ISA isn't a flexible ISA. Any withdrawals that you make from this year's money will still count towards your ISA allowance. Tax treatment is subject to change and depend on individual circumstances.
Please let me know if there's any questions. Or feel free to check out our updated FAQ, too. As always, if you've any feedback on any of the process, we'd love you to share it.
Thanks,
Joe
