To help get you to the right website, please choose one of the options below

Skip Header

How to hold cash

Existing investments on the platform

If your investment proposition is to run model portfolios but you want to have a cash holding alongside your investment proposition, it is possible to split an existing account allowing you to move a portion of the investment out of the existing account into a new account to which the cash strategy can apply. Should you need to merge the accounts back at a later date, this can easily be done too.

Once the accounts have been split, you can adopt different fee structures for the different accounts.

Example

Useful forms:

  • ISA merger & split form - use this form when you wish to merge two ISAs into one, or to split one ISA into two. No client signature required.
  • Stock transfer form – use this form if you wish to split a solely held investment or a jointly held Investment Account (please note for the latter a Joint Holder Supplement form will also be required). 
  • Joint Holder Supplement form – this form should accompany a stock transfer form if you are splitting a jointly held Investment Account.

All of these forms can be sent to us using your Upload & Send service.

New investments

For new investments onto the platform, you can choose to invest into an existing account or open a new account (for ISAs and Investment Accounts) in order to have different investment strategies.

For example, should you want to apply a cash strategy to the new investment amount, but want to retain the existing holdings in their current investment strategy, you can simply select to open a new account for the new money being invested and apply a cash strategy to this, leaving the existing assets untouched.