At this time of year with investors opening a new ISA/IFISA to take advantage of the last few days of the 2020 allowance it's good to remember that transferring an existing ISA does not affect your allowance for this year if you are only transferring ISAs from previous years.

Please view our 60 second guide to see how easy it is to transfer your ISA with PANACEA investments.

Investing puts your capital at risk. ISA eligibility does not guarantee returns or protect you from losses. Read our full Risk Warning on our website.