AJ Bell and PRAX.19 Jan 2026 10:40
I have my DCUs in an AJ Bell ISA. Got a message on 16/1 saying HMRC no longer recognise these PRAX DCUs for inclusion in my ISA. So I either had to ‘sell’ them or transfer the DCUs out of my ISA into a dealing acct.
On contacting AJBell, they confirmed these DCUs could not be sold, so it looks like by 31/1 AJBell will delete the line in my ISA.
I guess if any sum is received from the PRAX Administrators it will go into my ISA as a cash payment, but that seems unlikely.
A sad end to the saga☹️