Investing within our ISA account is easy and very cost effective. Simply complete the application and wait for us to confirm that we have opened your account.
ISA stands for Individual Savings Account, a tax-efficient wrapper offered under Government legislation as a way of encouraging you to save. An ISA sits over your choice of a number of different investments to shelter them from further tax on any income or gains earned.
If you want to, you can invest your entire 2010/11 tax year ISA allowance - £10,200 - into a stocks and shares ISA. If this is your intention, there is a multitude of different investment options to choose from, offering not only huge flexibility in how you invest but also access to the whole range of world stockmarkets.
If you don't need cash at all, you can put the full £10,200 into stocks and shares.In addition, you can transfer existing Cash ISA holdings to a Stocks and Shares ISA without impacting on your current tax year allowance. So, if you have £10,000 already sitting in existing cash ISA plans then this amount can be moved to a Stocks and Shares ISA, yet leave your entire current allowance still available for new investment.
Switching between investments held within your ISA can normally be achieved within 24 hours. Usually, ISA providers will take around 5 working days to complete a switch during which time your money is not invested.
The investments held within our suggested portfolios are professionally selected and constantly monitored. The managers that we employ know what is expected of them all of whom can be replaced within days if they do not meet with our expectations. We simply email you when a change is necessary.
Periodically, we will let you know when a ‘re-balance’ could be advantageous. A rebalance is used to reset the investments to their original position. Over time the investments held within the portfolio will inevitably perform differently. The rebalancing process allows you to take profits from the investment sectors that have done well, increasing exposure to investments that have underperformed (the theory being that last years winners will be next year’s losers and vice a versa). A rebalance can take place within 24 hours.