If you hold ISAs, OEICs or unit trusts (we call this group of investments ‘Portfolio Investments’) with other providers you can simplify the management of your portfolio by moving the administration of these investments to IPS. When you do this all your funds will stay separate and your money will remain invested with the original fund manager but you'll be able to see all your Portfolio Investments in one convenient place. 

The benefits of Re-registering your investments with IPS.

Re-registration is all about simplifying the management of your investments. By re-registering your investments with IPS you will benefit from the ability to:
• View the value of your entire portfolio in one place, at anytime with our online service.
• Consider your portfolio as a whole when making investment decisions about your long-term goals.
• Quickly and easily switch money between your funds.
• Have just one point of contact if you have a query about your portfolio.
• Receive just one statement with the details of all your investments in it.
• Use our online service to keep track of your investments anytime, anywhere.
• Your tax affairs are easier to handle - all the tax information you need about your investments is on one consolidated tax voucher.
• There’s no charge from us for transferring the administration of your funds to us. Please be aware that your existing manager may charge you for this.
• Your money stays invested the whole time that the transfer takes place, as it’s only the administration of your funds that moves.
• The tax efficient status of your ISA investments won’t be affected.

 

Important information

When you re-register the administration of your funds to Legal & General it’s important to remember that your investment still remains invested with the original fund manager. You no longer deal with the adviser or provider with whom you first invested, unless your adviser was a Legal & General adviser and is the same person who is arranging the transfer.

---