SAYE maturity

[DickySeville1973]

Hi, I’m in need of some financial advice please. In the next few weeks I have a SAYE policy maturing. The current value is over £25,000. I’d like to keep the shares and know I can transfer the shares to a stock & shares ISA, as long as I do an In Specie transfer. I know I can transfer 20k to avoid CGT. However, the companies that allow In Specie transfers from SAYE have quite hefty management fees. I know Trading 212 don’t have fees & allow ISA transfers from other companies, however I can’t transfer direct from the SAYE. Therefore my question is - can I move my shares from SAYE into a stock ISA, then immediately transfer to another ISA & still avoid CGT?

Thanks.

I can't see why you shouldn't do that - once the shares are safely inside an ISA wrapper you can transfer to another platform if you wanted to.

However I used Hargreaves Lansdown and you can transfer shares from an SAYE scheme directly into an ISA. They charge 0.45% a year (capped at £45 a year). If you wanted to sell the shares within the ISA then they currently charge £11.95, you can also set a sell limit to sell once they reach a certain price.