ISA Cash

[Segilla]

Am I permitted to transfer money from an existing Building Soc ISA into shares?

[Segilla]

I should have made it clear that I want to protect the money's ISA status.

[dzug2]

yes you can

[james412]

dzug2 is correct. Done it myself.

[llamekuf]

No.

[Captain Spod]

Llamekuf is out of date. It's perfectly legal and you retain the ISA status for the year that you first invested. Can't go from S&S to cash though.