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    • Home • Advice • Common questions

    Who is the best provider for Bed & ISA?

    26 February 2025

    Question by Boring Money reader

    Hi,

    I've spent about a year and a half of regular reading, i.e. Weekend FT money articles and trawling the net. A total minefield. All I want to do is 'Bed & ISA' some investment trust shares which I bought for my son years ago and find a reasonably priced platform where he can do this. And, in order to try to save on Capital Gains Tax, Bed & ISA over the next few tax years using the annual allowance. Any advice on a suitable platform? Genuinely frustrated!

    Thanks.

    Answered by Boring Money

    Hi there,

    Thanks for your question.

    The good news is that many ISA providers support 'Bed & ISA' - the process of transferring investments held outside an ISA (such as in a General Investment Account) and moving them into an ISA to make use of the £20,000 annual tax-free allowance.

    We explain a bit more about how Bed & ISA works and why you might want to explore it here.

    In terms of which provider you should go for (and you mention cost as being a primary concern), why not check out the winners of our Best Buy ISA award? All but one of the providers (Trading 212) that won our coveted annual award support Bed & ISA, and you can read more about it on their respective websites as follows:

    As fees seem to be an area of interest for you, it's worth noting AJ Bell also won our new Best For Low-Cost ISA - Funds & Shares award, recognising the cheapest providers for fund and share investing on the market.

    We also launched a Best For Investment Trusts award this year, so if you or your son are keen on investing in this type of fund specifically, AJ Bell, Hargreaves Lansdown and interactive investor all have our seal of approval.

    We hope this helps!

    Answered by

    Boring Money

    Important stuffHolly and the team have worked in the finance industry for many years but we are not regulated to give you personal financial advice. For every story on this website about a good investment, or something which went up by 10% or made someone £200, we could also share a story about a bad investment, something which fell in value or lost someone £200. We aim to provide general information and pointers – and btw we are totally agnostic about which providers you might pick – but if you have complex affairs, want personalised advice or need specific recommendations, please look at advice pages and see if regulated digital or traditional financial advice would be the best solution for your needs. Boring Money Ltd is a limited company registered in England and Wales under registration number 09459832 and we have our registered office at 10 Lower Thames Street, London, England, EC3R 6AF.
    Risk warningAs is always the case with investing, your capital is at risk. The value of your portfolio can go down as well as up and you may get back less than you invest. Tax treatment depends on your individual circumstances and may change in the future.
    Boring Money Ltd is a limited company registered in England and Wales under registration number 09459832 and we have our registered office at 10 Lower Thames Street, London, England, EC3R 6AF.
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