This is perhaps one of the most widely misinterpreted areas of ISA Administration and generates a wide spread of questions. Over recent years there have been numerous changes to the ISA regulations, the ISA Guidance Notes and additional industry guidelines. The 1 July 2014 changes to the ISA regulations added yet further new regulations and guidance, including the option for stocks & shares ISAs to be transferred to cash ISAs for the first time. The workshop will look in detail at the key regulatory issues that managers must adhere to in addition to the key areas of the ISA Guidance Notes and industry guidelines that managers should be aware of. The session will now cover all ISA transfer options for both cash ISAs and stocks & shares ISAs including the numerous transfer forms which continue to cause confusion within the industry. It will also cover the option for a surviving spouse/civil partner of a deceased ISA client to transfer their Additional Permitted Subscription (APS) Allowance to a new ISA manager which came into force on 6 April 2015. Attendees will be able to benefit from TISA’s knowledge on this topic, built up over many years with the help of HMRC, who are responsible for managing the ISA scheme. Attendees will also be able to benefit from an insight as to how other ISA managers process their ISA transfers.
Fees (VAT exempt):
This session will be delivered by Dave Beaston. Dave has many years’ experience within the financial services industry, having worked previously in both sales and compliance. He has delivered training courses on all areas of ISA administration for TISA since 2004.
These workshops are endorsed by the CISI for CPD requirements. CISI members pay a discounted rate and can book via the link above. To receive your discount as a CISI member, please enter the discount code provided by the CISI.