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04 April 2011

Am I asking too much of HSBC?

I put £3600 into a cash ISA with HSBC in the 2010-11 tax year. It was a mistake. I now want transfer that lump sum into an index tracker and let it run. Every time I phone HSBC and even hint at the whole thing, they start transferring me from expert to golf-playing expert - I've just been told that this basic transfer will involving coming in for a "personal finance review" during which they'll be trying to convince me to buy other products. I don't want to discuss my finances or have lengthy meetings. Am I asking for something very uncommon/impossible.? Should I cash it in and write it off? Can I transfer it into a stocks & shares Isa with someone else? The last "expert" thought perhaps it was possible online but wasn't sure . . .

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