An Individual Savings Account (ISA) is a simple and flexible savings plan with
returns free of income and capital gains tax. There are two types of ISA available.
A Stocks & Shares ISA and a Cash ISA. You can contribute up to £7,200 p.a. of
which £3,600 can be in a cash ISA. From April 2008 you can also move existing Cash
ISA savings into a Stocks & Shares ISA.
All ISA investments are enhanced
Online ISA fund performance data
Qualified ISA specialists
Our ISA service
Our ISA & ISA transfer service is free and reduces the
upfront charges you normally pay when you invest directly with a fund
management group or insurance company. We deal through all the leading fund
supermarket groups including Fidelity and Cofunds as well as individual fund
management groups and insurance companies. The discount we offer is not available
when you invest directly. Request a
quote and application pack.
You can apply for a new Stocks & Shares ISA online using our link to Fidelity
Funds Network and Cofunds online fund supermarkets. Our online facilities allow
you to purchase your new Stocks & Shares ISA or transfer your existing ISA in less
than ten minutes. Apply for your
or learn more about
Choice of funds
A CASH ISA can include some national insurance products, cash unit trusts and
bank and building society accounts but unlike cash deposits with your bank or
building society, all interest will be tax-free.
A STOCKS & SHARES ISA contains the investment element
of an ISA. You can choose to invest directly into individual stocks and shares
or managed investments such as OEICs, investment trusts, corporate bonds or
unit trusts run by professional investment management groups and insurance
companies. You can also select one of five risk-graded portfolios if you do
not wish to pick a specific fund.
ISA fund performance
An explanation of the different investment funds and the risk associated
with each fund and asset class, together with online past performance data
and detailed fund fact sheets for all qualifying UK investment funds can
be obtained from our
fund performance pages. You can also
ethical investment questionnaire and
provide us with your negative and
positive criteria if you are considering investing in an ethical fund.
Enhancements & discounts
Our enhancements and product discounts for ISA’s change on a regular basis
and depend on the terms we, and the fund supermarkets, negotiate with the
investment management groups and insurance companies. Typically our
enhancements range from 2% - 5% and normally remove all up front charges.
This represents an immediate enhancement of between £140 and £350 for
a £7,000 investment. Our enhancements are in addition to any product discounts
and special offers available from the investment management groups or insurance
Poor investment performance or high charges can result in underperformance
of your ISA. Our investment review service is designed to assess the
investment performance of your existing ISA’s and their charges against
their peers, and your attitude to investment risk. If your ISA funds are
underperforming or your funds are out of line with your attitude to
investment risk, a revised profile will be provided and an ISA transfer
recommended. Our enhancements also apply to ISA transfers.
Taxation of ISAs
ISA's can be used as a tool to mitigate liability to personal tax as you
pay no tax on any of the income your receive from your ISA and you pay no
capital gains tax arising on your ISA investments. This allows you to build
up a lump sum that can be used to create a tax free "income" in the future.
As you do not have to disclose withdrawals "the income" to the Inland Revenue
this "income" would not affect the availability of any age allowances.
unit trusts and investment trusts
allow you to structure your investment in a different way. These investment
plans can provide tax efficient income and capital growth without an upper
limit on the amount you can invest.
known as second hand endowments, allow you to invest into a plan with
underlying guarantees with opportunities for capital growth.
To request a quote
Complete our online ISA investment
enquiry form or call one of our specialist
ISA advisers to request your free ISA quote. As an internet based firm of
independent financial advisers
we provide advice over the telephone, via email and through the post. Dealing
with you in this way allows us to discount our commissions to provide you
with the very best discounted ISA's.
Help & advice
There are many different options to consider when choosing an ISA and it
makes sense to take advice from a qualified specialist who is independent and can
offer you products and services from the whole of the market place. Please call
one of our
independent advisers or
to discuss the different options
available to you and to request your ISA or ISA transfer quote.