RE: Bed and ISA6 Apr 2021 11:43
...Wayne I hope that isn't true. I've got 2 ISA S&S accounts (with different providers) at the moment, and planning another with a different company this year. Remember though, the bank £85k guarantee limit may apply if the organisation you are with is one so covered. Apart from any possible guarantee, there are other reasons why you may want different accounts. As an example, one of my ISA trading accounts is with the HSBC. Govt £85K cover is good, but their trading is pretty awful. You have to wait for ages to find out if a trade has gone thro', so you can imagine trying to do a sell-to-buy another stock in a fast-moving market !! GLA.