OUR ISA GUIDE

ISA stands for Individual Savings Account. These were launched by the Government in April 1999 to encourage people to save and invest. They are designed to help the value of your money grow over time and/or provide an income.

There are two types of ISA, a cash ISA and a Stocks and Shares ISA. The maximum amount you can pay into an ISA is £7,200 per tax year. Of this total, up to £3,600 per tax year could go into a cash ISA and the remaining balance into a stocks and shares ISA. Alternatively you could invest the full £7,200 into a Stocks and Shares ISA. The following table shows how your allowance could be used.

Stocks and Shares ISAs

Investing in the stock market may seem intimidating but our ISA Investor is an easy and tax-efficient way to invest. It offers the potential for stock market growth, the ability to select your own funds, no upfront charges and just a yearly competitive management charge.

The ISA Investor lets you choose one of our portfolios or select your own funds. With the ISA Investor UK FTSE 100 Index Tracking Fund your money is invested in companies in the FTSE 100 Index. The ISA Investor Stakeholder option follows government guidelines and invests in the Cautious Managed Fund.

Look at our range of Stocks and Shares ISAs

Cash ISAs

You can invest up to £3,600 in a cash ISA and the rest in a stocks and shares ISA each tax year. There are a variety of different cash ISAs, including easy access, fixed rate and notice account.

Look at our range of cash ISAs

Self-Select Stocks and Shares ISAs

These are similar to our ISA Investor except you can choose any Stocks and Shares you like for your ISA, not just our recommended funds.

Look at our range of Self-Select Stocks and Shares ISAs