ISAs don`t mature. The financial product within an ISA may and then the funds will need to be re-invested or the ISA closed. Inevitably you will be presented with a juicy sales pitch to put the funds in a similar product, but you must start considering what options you have ,such as transferring to a new manager or perhaps a share ISA.
Once closed ,any CGT benefit expires, so careful consideration is necessary.
Transfer it to another ISA. If you take the money out you cannot then reinvest it in an ISA so you lose the tax advantages
If you want to keep the investments as ISA 's, you need to transfer them; not cash them in. You can stay with Nationwide, or transfer to a better provider. Always read the conditions!
http://www.moneysavingexpert.com/savings...
Yes that is exactly what you do.
