I’m really mad and upset. So I have saved all my ISA allowances for 23 years (my dad gave me some when I was younger and I’ve saved the maximum over all that time) I had it in trackers - it turned out to be around 50/30/20 US/UK/Europe equity trackers with a small bit of emerging markers/corporate bonds/property - probably 5%. I had £780K in it at the beginning of 2025.
My husband uses a fund manager who has done well and for some stupid reason (I’m financially literate but not hugely interested, very busy) I agreed to move it under the ISA wrapper. I hadn’t realised that they pretty much sold the lot in April - bought other trackers Us/Asia which have done well but then invested the rest (around half!) in 4 single companies and 9% UK gilts etc. so basically overall I have 0,9% return over the year. Compared to what the trackers would have done - around 15%.I feel like an idiot. I was tracking the performance but hadn’t realised they’d flogged the lot. I signed a mandate but hadn’t realised that they would sell everything! Massive ball has been dropped there and I feel a complete idiot. And upset as this is my future savings that I’ve been squirrelling away and being careful. I’m not a big earner.