S&S ISA Opening Query

A question about : S&S ISA Opening Query

My wife had a small S&S ISA running that we closed in December, about Ј4/500 had had been paid in this tax year.

The money was put into a Personal Pension.

We now want to open a new S&S ISA that we will put about Ј10/11k into before April.

My question - Can this be in her name or will that be against the rules?

Thanks

Best answers:

• if for any reason you don't want to use the ISA with the existing/old provider, the safest would be to put the money into an instant access cash ISA, and then ask the S&S ISA provider of your choice to transfer the money over. That way you won't fall foul of ISA regs. (all this in her name)
• I'm not sure that's the case, because when the ISA managers submit their annual returns, 2 different managers will report 2014/2015 subscriptions in the two different S&S ISAs. Worth noting the 'investor self-transfer' clause that allows people to get away with this for cash ISAs does not apply to S&S ISAs.
  I would suggest either reopening the original S&S ISA or waiting until the new tax year.
• Thanks, confirms what I suspected.
  Prefer to put it into S&S ISA this tax year so will open new ISA through Cavendish & Fidelity in my name to avoid any possible transgression of the rules.