Transfer to other stocks/shares ISAs

[tali1]

I want to transfer a large chunk poor performing stock ISA to some of my other newer stock ISAs .My problem is this would mean transferring in about 1K each into the newer stock ISAs -is this too much to transfer - given pound cost averaging ? Or should i pay in 1k over 12 months or some other gradual way?
I assume that monthly transfers in the form of standing /order DDebit cannot operate from my poor performing stock ISA?

[dzug2]

I'd forget pound cost averaging - getting out of the poor performing ones will outweigh any theoretical penalty there.

And it's very unlikely that you can arrange it to be done automatically

You may find that some of your newer ones won't accept a transfer as low as £1K anyway

[Whoever]

If you transfer all your ISA stock holdings to Hargreaves Lansdown under the Vantage Scheme, they will handle all the transfers for you. Frankly, if some of your funds are performing badly I'd move them all now rather than on a drip feed basis, especially as signs are that the stock market could perform well in 2011 despite doubts about the economy.
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Hargreaves Lansdown are efficient brokers to deal with. Once you have an account with them your equity ISAs will enjoy a loyalty bonus and you'll be sent regular reports on how your funds are performing, recommendations on bad ones to ditch, and regular literature about all the funds which are available. Plus their website (www.h-l.co.uk) has lots of information on all the funds available and their performance.