Tax Efficient Savings
Find the best tax efficient savings and investments..
When you save or invest money, you normally have to pay tax on the interest or income earned, but there are some tax efficient savings and investments that offer a
tax-free return.
Popular tax efficient savings: Individual Savings Accounts (ISA): You can use ISAs to save cash or to invest in stocks and shares. You may put up to £7,200 into an ISA each year, £3,600 of which may be saved in cash.
ISAs are tax efficient savings because you do not pay any tax on the interest or dividends and profits are free of Capital Gains Tax.
Child Trust Funds (CTF): Children born on or after 1 September 2002 and receiving Child Benefit get a £250 voucher from the Government to be used to set up a Child Trust Fund.
The voucher may only be put into a CTF, not any savings account, and then friends and family may contribute to the CTF up to £1,200 per tax year.
CTFs are tax efficient savings as neither you, nor your child has to pay tax on any income or any gains in the account until your child reaches age 18.
Other tax efficient savings:
- National Savings & Investments (NS&I) is backed by the treasury and offers the following tax-free savings and investments: ISAs, Fixed Interest and Index Linked Savings Certificates, Children's Bonds and Premium Binds
- Tax-free interest: Banks and building societies normally take 20% tax off interest before they pay it to you, but if your taxable income is less than your tax allowances you can register to have your interest paid 'gross' (without tax taken off).
- Pensions relief: The Government offers tax relief on pension contributions - you can save as much as you like into any number of pensions and get tax relief on contributions of up to 100 per cent of your earnings each year and when you retire you can take up to 25 per cent of your pension fund as a tax-free lump sum.
See below for leading ISA deals:
| FTSE Income Plan - Conditional Income Option |  | 6.50% pa†† | |
| 5 Year Structured Income Plan offering an annual yield of 6.50%. Can be used for ISA transfers & SIPP investment. |
| Barclays Wealth Regular Income Bond | | 6.00% pa† | |
| 6 Year Structured Income Bond with an annual yield of 6.00% or monthly at 0.4875%. Can be used for ISA transfers & SIPP investment. |
| FTSE Income Plan - Fixed Income Option | | 5.80% pa | |
| 5 Year Structured Income Plan offering an annual yield of 5.80%. Can be used for ISA transfers & SIPP investment. |
| Investec 5 Year FTSE 100 Income Deposit Plan | | 4.75% pa†† | |
| 5 year capital protected deposit plan with an annual yield of 4.75% or a monthly yield of 0.38%. The plan can be used for cash ISA investment or cash ISA transfer |
| The Royal Deposit ISA | | 4.00% pa† | |
| 3 year fixed rate cash ISA that returns 4.00% a year. The plan can be used for cash ISA investment or cash ISA transfer. |
| Schroders Monthly High Income Fund | | See Details | |
| The Schroder Monthly High Income Fund aims to generate a high income, whilst not compromising capital, by investing in a diversified basket of fixed income securities. 100% Discount off Initial Charges. |
| Invesco Perpetual Monthly Income Plus Fund ISA | | See Details | |
| Popular monthly income fund that aims to achieve a high level of income whilst seeking to maximise total return through investing in high yielding corporate and Government bonds, together with UK equities. 100% discount on initial charges. |
| Henderson Strategic Bond Fund | | See Details | |
| The aim of this fund is to deliver a quarterly income to investors by investing in higher yielding assets, which will include most types of fixed interest securities such as high yield bonds, investment grade bonds and government gilts, as well as having the ability to invest a proportion of the fund in equities. Income is paid to you quarterly. |
| Schroders Income Maximiser | | See details | |
| The Schroder Income Maximiser Fund ISA aims to deliver a target income yield of 7% pa, also providing potential capital growth. Income is paid to you quarterly. 100% Discount off Initial Charges. |
| Invesco Perpetual Corporate Bond ISA | | See details | |
| This highly popular fund aims to achieve a high level of overall return with relative security to capital. Income Paid to you twice yearly. Up to 100% Discount off the Standard Initial Fund Charge. |
| Artemis Income ISA | | See details | |
| One of the leading UK Equity Income Funds. The Fund managers hunt out companies with strong free cash flow and solid balance sheets. Income is paid to you twice yearly. 100% Discount off the Standard Initial Fund Charge. |
| Jupiter Corporate Bond Fund ISA | | See details | |
| The Jupiter Corporate Bond aims to achieve a high level of income with the opportunity for capital growth, through mainly investing in fixed interest securities. Income is paid to you twice yearly. 87.5% Discount off the Standard Initial Fund Charge. |
| Invesco Perpetual High Income Fund ISA | | See details | |
| One of the UK's most popular income fund ISAs the Invesco Perpetual High Income has delivered consistently good long term returns through a variety of market conditions. Income is paid to you twice yearly. Up to a 100% Discount off the Standard Initial Fund Charge. |
| M&G Corporate Bond ISA | | See details | |
| The M&G Corporate Bond Fund is a conservative ‘blue chip’ sterling fund that aims to produce a higher return than UK government bonds. Income is Paid to you Quarterly. 100% Discount off the Standard Initial Fund Charge. |
| Jupiter Merlin Income Portfolio | | See details | |
| The Jupiter Merlin Income Portfolio fund aims to achieve a high and rising income with some potential for capital growth. Income Distributions are made to you quarterly. 95% Discount off the Standard Initial Fund Charge. |
| Legal & General Managed Monthly Income ISA | | 5.30%** | |
| Managed Monthly Income ISA Pays tax-free income monthly and invests in a Managed Monthly Income Trust with a current gross distribution yield of 5.3% (as at 30 June 2009, it will however change over time). |
† Guaranteed income payments.
†† Income payments are dependent upon the FTSE 100 Index.
Disclaimer (Please Read)
General risk warnings
- The list of funds/investments provided above should not be seen in any way as being a recommendation. No advice has been given and you should be aware that any investment which takes place will be transacted on a “non-advised sale” basis.
- Full details of the investments will be provided in the documentation/brochure sent to you and it is up to you to ensure that you fully understand the nature of the investment before proceeding. If you are at all unsure of the suitability of the type of investment, both in respect of its objectives and its risk profile, you should seek independent financial advice.
Collective investments
- Collective investments such as unit trusts are designed as medium to long term investments, for example at least five years.
- The value of your investment and the level of any income received from it can fall as well as rise and is not guaranteed and you may not get back the amount of your original investment.
- Any income yield quoted is correct at the time of going to press. Income yields vary and are only estimates. The actual dividend income that you receive will depend upon the income payable by the underlying assets of the fund and could change, either up or down, at any time. Dividend income from an ISA will, under current legislation, be free of UK income tax. Dividend income paid from a fund not held within an ISA will be subject to income tax, which may or may not be reclaimable depending upon your circumstances and the type of investment. In some cases, there may be additional income tax to pay.
- If you choose a fund which invests overseas, there is the addition of “exchange rate” risk which could reduce any gains or increase losses if the currency moves against you.
- Dividend income paid from a fund not held within an ISA will be subject to income tax, which may or may not be reclaimable depending upon your circumstances and the type of investment. In some cases, there may be additional income tax to pay.
Structured Products
- Structured Products are fixed term investments and are designed so that your capital remains invested for the full term of the plan. Although it may be possible to encash your investment before the end of the term, this could mean that an early encashment charge is applied and you may not get back the full amount of your capital.
- An investment termed as a “capital guaranteed structured product” is one where the return of your capital at maturity is not dependent upon the performance of an index or another financial instrument
- An investment termed as a “capital at risk structured product” is one where the return of your capital at maturity is dependent upon the performance of an index or another financial instrument.
Specific ISA warnings
- The tax efficiency of ISAs is based on current tax law and there is no guarantee that tax rules will stay the same in the future.
- Dividend income from a stocks and shares ISA will, under current legislation, be free of further liability to UK income tax whether this is paid out or automatically reinvested.
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| Barclays 6-Year Defined Returns Plan | | £3,600 | |
| 6 year Capital Protected Structured Investment Plan offering a maximum return of 44%. |
| Investec Guaranteed 3 Year FTSE 100 Plan | | £1,500 | |
| This capital protected deposit plan offers a maximum return of 18% at maturity. |
| Investec FTSE 100 Geared Returns Plan | | £1,500 | |
| This 5 year structured investment plan offers a maximum return of 62.5% at maturity. |
| Barclays Defined Returns (Annual Kick-Out 90) Plan | | £3,600 | |
| 6 year structured investment plan that offers an opportunity for attractive pre-defined returns at 7.75% a year. Potential to kick-out after 3 yearsif the FTSE is above 90% of its starting level.. |
| Investec Enhanced Kick Out Plan | | £1,500 | |
| 5 year structured investment plan offering a fixed return of 9.25% a year with the potential to kick-out after year one. |
| Barclays Defined Returns (Annual Kick-Out 100) Plan | | £3,600 | |
| 6 year structured investment plan that offers an opportunity for attractive pre-defined returns at 7.75% a year. Potential to kick-out after 2 years if the FTSE is above its starting level. |
| Barclays UK Super Tracker | | £3,600 | |
| This 5 year structured investment plan returns 4x any growth in the FTSE 100 index up to a maximum of 64%. |
| | | | |
| This 3 year structured investment plan returns 2x any growth in the FTSE 100 index up to a maximum of 30%. |
| Investec FTSE 100 Kick-Out Deposit Plan | | £1,500 | |
| Structured deposit plan with two options offering returns of up to 6.75% per year. Potential to kick out after 2 or 3 years depending on the option. |
| Morgan Stanley FTSE Kick Out Growth Plan | | £3,000 | |
| This 6 year structured investment plan offers the potential to kick out after 3 years with a maximum return of 50%. |
| Morgan Stanley FTSE Best Entry Growth Plan | | £3,000 | |
| This 6 year structured investment plan returns 2.85 times any positive growth in the FTSE 100. |
| Morgan Stanley FTSE Tracker Plus Plan | | £3,000 | |
| This 6 year structured investment plan offers a return of 1.2 times any positive growth in the FTSE 100, with 80% capital protection. |
| Morgan Stanley FTSE Protected Growth Plan | | £3,000 | |
| This 6 year structured investment plan offers a return of up to 20% with the potential to kick out after 3 years. |
| Investec Guaranteed 5 Year FTSE 100 Plan | | £1,500 | |
| This 5 year capital protected deposit plan offers a maximum return of 40% at maturity. |
| Fidelity China Special Situations PLC | | £2,500 | |
| NEW LAUNCH NOW OPEN - To be managed by Anthony Bolton one of the UK's most renowned fund managers who believes the investment opportunity presented by China is just too good to miss. No Initial Charges if you invest by 5th April 2010. |
| Jupiter Financial Opportunities Fund ISA | | From £50 Per Month | |
| A top performing fund that seeks to achieve long-term capital growth principally through investment in equities of financial sector companies on an international basis. |
| M&G Recovery Fund ISA | | From £50 Per Month | |
| The principle behind the fund is simple, but has proved highly effective – it focuses on corporate rather than economic recovery. To achieve this, the fund manager, Tom Dobell, scrutinises companies and identifies those he believes can recover regardless of economic conditions. |
| Artemis UK Special Situations Fund ISA | | From £50 Per Month | |
| The Artemis UK Special Situations Fund aims to achieve long-term capital growth by exploiting special situations. |
| Jupiter Ecology ISA | | From £50 Per Month | |
| The objective of the Fund is to achieve long-term capital appreciation together with a growing income consistent with a policy of promoting environmental and social change. |
| TD Waterhouse Trading ISA | | N/A | |
| The TD Waterhouse Trading ISA is a self select, stocks and shares ISA, which offers a wide range of investment choices. It puts you in control of your share portfolio and at the same time protects your growth from Income Tax and Capital Gains Tax. |
Disclaimer (Please Read)
General risk warnings
- The list of funds/investments provided above should not be seen in any way as being a recommendation. No advice has been given and you should be aware that any investment which takes place will be transacted on a “non-advised sale” basis.
- Full details of the investments will be provided in the documentation/brochure sent to you and it is up to you to ensure that you fully understand the nature of the investment before proceeding. If you are at all unsure of the suitability of the type of investment, both in respect of its objectives and its risk profile, you should seek independent financial advice.
Collective investments
- Collective investments such as unit trusts are designed as medium to long term investments, for example at least five years.
- The value of your investment and the level of any income received from it can fall as well as rise and is not guaranteed and you may not get back the amount of your original investment.
- Any income yield quoted is correct at the time of going to press. Income yields vary and are only estimates. The actual dividend income that you receive will depend upon the income payable by the underlying assets of the fund and could change, either up or down, at any time. Dividend income from an ISA will, under current legislation, be free of UK income tax. Dividend income paid from a fund not held within an ISA will be subject to income tax, which may or may not be reclaimable depending upon your circumstances and the type of investment. In some cases, there may be additional income tax to pay.
- If you choose a fund which invests overseas, there is the addition of “exchange rate” risk which could reduce any gains or increase losses if the currency moves against you.
- Dividend income paid from a fund not held within an ISA will be subject to income tax, which may or may not be reclaimable depending upon your circumstances and the type of investment. In some cases, there may be additional income tax to pay.
Structured Products
- Structured Products are fixed term investments and are designed so that your capital remains invested for the full term of the plan. Although it may be possible to encash your investment before the end of the term, this could mean that an early encashment charge is applied and you may not get back the full amount of your capital.
- An investment termed as a “capital guaranteed structured product” is one where the return of your capital at maturity is not dependent upon the performance of an index or another financial instrument
- An investment termed as a “capital at risk structured product” is one where the return of your capital at maturity is dependent upon the performance of an index or another financial instrument.
Specific ISA warnings
- The tax efficiency of ISAs is based on current tax law and there is no guarantee that tax rules will stay the same in the future.
- Dividend income from a stocks and shares ISA will, under current legislation, be free of further liability to UK income tax whether this is paid out or automatically reinvested.
Hide Disclaimer
| Fidelity China Special Situations PLC | | £2,500 | |
| NEW LAUNCH NOW OPEN - To be managed by Anthony Bolton one of the UK's most renowned fund managers who believes the investment opportunity presented by China is just too good to miss. No Initial Charges if you invest by 5th April 2010. |
| Black Rock Gold and General Fund ISA | | From £50 Per Month | |
The BlackRock Gold & General Fund aims to achieve long term capital growth by investing in gold, mining and precious metal related shares. 100% Discount on Initial Charge.
Click here to view latest Fund Facts » |
| JP Morgan Natural Resources Fund ISA | | From £50 Per Month | |
Aims to supply you with long term capital growth by investing in a portfolio of shares in worldwide companies engaged in the production and marketing of commodities.
Click here to view latest Fund Facts » |
| Allianz Bric All Stars Fund ISA | | From £50 Per Month | |
aims to achieve capital growth in the long term by investing mainly in the equity markets of Brazil, Russia, India and China.
Click here to view latest Fund Facts » |
| First State Greater China Growth Fund ISA | | From £50 Per Month | |
Aims to provide you with long term capital growth by investing in the shares of companies that were either established or have a predominant part of their economic activities in China, Hong Kong and Taiwan.
Click here to view latest Fund Facts » |
| Jupiter Ecology Fund ISA | | From £50 Per Month | |
Aims to achieve long-term capital appreciation together with a growing income consistent with a policy of promoting environmental and social change. Save up to 90% off initial charges.
Click here to view latest Fund Facts » |
Disclaimer (Please Read)
General risk warnings
- The list of funds/investments provided above should not be seen in any way as being a recommendation. No advice has been given and you should be aware that any investment which takes place will be transacted on a “non-advised sale” basis.
- Full details of the investments will be provided in the documentation/brochure sent to you and it is up to you to ensure that you fully understand the nature of the investment before proceeding. If you are at all unsure of the suitability of the type of investment, both in respect of its objectives and its risk profile, you should seek independent financial advice.
Collective investments
- Collective investments such as unit trusts are designed as medium to long term investments, for example at least five years.
- The value of your investment and the level of any income received from it can fall as well as rise and is not guaranteed and you may not get back the amount of your original investment.
- Any income yield quoted is correct at the time of going to press. Income yields vary and are only estimates. The actual dividend income that you receive will depend upon the income payable by the underlying assets of the fund and could change, either up or down, at any time. Dividend income from an ISA will, under current legislation, be free of UK income tax. Dividend income paid from a fund not held within an ISA will be subject to income tax, which may or may not be reclaimable depending upon your circumstances and the type of investment. In some cases, there may be additional income tax to pay.
- If you choose a fund which invests overseas, there is the addition of “exchange rate” risk which could reduce any gains or increase losses if the currency moves against you.
- Dividend income paid from a fund not held within an ISA will be subject to income tax, which may or may not be reclaimable depending upon your circumstances and the type of investment. In some cases, there may be additional income tax to pay.
Structured Products
- Structured Products are fixed term investments and are designed so that your capital remains invested for the full term of the plan. Although it may be possible to encash your investment before the end of the term, this could mean that an early encashment charge is applied and you may not get back the full amount of your capital.
- An investment termed as a “capital guaranteed structured product” is one where the return of your capital at maturity is not dependent upon the performance of an index or another financial instrument
- An investment termed as a “capital at risk structured product” is one where the return of your capital at maturity is dependent upon the performance of an index or another financial instrument.
Specific ISA warnings
- The tax efficiency of ISAs is based on current tax law and there is no guarantee that tax rules will stay the same in the future.
- Dividend income from a stocks and shares ISA will, under current legislation, be free of further liability to UK income tax whether this is paid out or automatically reinvested.
Hide Disclaimer
| Jupiter Ecology Fund | | From £50 Per Month | |
| The objective of the Fund is to achieve long-term capital appreciation together with a growing income consistent with a policy of protecting the environment. |
| Ecclesiastical Amity Sterling Bond | | From £25 Per Month | |
| This income fund with an attractive distribution yield pays income quarterly. Amity Fund Managers actively seek companies contributing to a safer, cleaner world - positive screening - rather than relying solely on negative screening of undesirable companies. |
| Schroders Global Climate Change Fund | | £1,000 or £50pm | |
| This fund seeks to identify companies that are benefiting from either mitigation of the impact of global climate change or adaptation to changes. Examples of companies that the fund might invest in include renewable energy solutions, such as solar and wind power as well as biofuel. |
| Ecclesiastical Amity International Fund | | From £25 Per Month | |
| The objective of this Fund is to achieve long term capital growth with a reasonable level of income primarily through a diversified portfolio of European equities. This Fund provides the opportunity to invest in European companies with strong socially responsible policies. |
| Jupiter Environmental Income ISA | | £50 Per Month | |
| The Fund aims to provide income and long-term capital growth through investment primarily in UK equities, focusing on good governance companies. |
| Virgin Money Climate Change Fund ISA | | From £500 Per Month | |
| Invest Online - ISA Option Only. The Virgin Climate Change ISA invests in Companies (mainly in the UK & Europe) who aim to drive profit growth |
Disclaimer (Please Read)
General risk warnings
- The list of funds/investments provided above should not be seen in any way as being a recommendation. No advice has been given and you should be aware that any investment which takes place will be transacted on a “non-advised sale” basis.
- Full details of the investments will be provided in the documentation/brochure sent to you and it is up to you to ensure that you fully understand the nature of the investment before proceeding. If you are at all unsure of the suitability of the type of investment, both in respect of its objectives and its risk profile, you should seek independent financial advice.
Collective investments
- Collective investments such as unit trusts are designed as medium to long term investments, for example at least five years.
- The value of your investment and the level of any income received from it can fall as well as rise and is not guaranteed and you may not get back the amount of your original investment.
- Any income yield quoted is correct at the time of going to press. Income yields vary and are only estimates. The actual dividend income that you receive will depend upon the income payable by the underlying assets of the fund and could change, either up or down, at any time. Dividend income from an ISA will, under current legislation, be free of UK income tax. Dividend income paid from a fund not held within an ISA will be subject to income tax, which may or may not be reclaimable depending upon your circumstances and the type of investment. In some cases, there may be additional income tax to pay.
- If you choose a fund which invests overseas, there is the addition of “exchange rate” risk which could reduce any gains or increase losses if the currency moves against you.
- Dividend income paid from a fund not held within an ISA will be subject to income tax, which may or may not be reclaimable depending upon your circumstances and the type of investment. In some cases, there may be additional income tax to pay.
Structured Products
- Structured Products are fixed term investments and are designed so that your capital remains invested for the full term of the plan. Although it may be possible to encash your investment before the end of the term, this could mean that an early encashment charge is applied and you may not get back the full amount of your capital.
- An investment termed as a “capital guaranteed structured product” is one where the return of your capital at maturity is not dependent upon the performance of an index or another financial instrument
- An investment termed as a “capital at risk structured product” is one where the return of your capital at maturity is dependent upon the performance of an index or another financial instrument.
Specific ISA warnings
- The tax efficiency of ISAs is based on current tax law and there is no guarantee that tax rules will stay the same in the future.
- Dividend income from a stocks and shares ISA will, under current legislation, be free of further liability to UK income tax whether this is paid out or automatically reinvested.
Hide Disclaimer
| Investec 5 Year FTSE 100 Income Deposit Plan ISA | 4.75%* | |
| 5 year capital protected deposit plan with an annual yield of 4.75% or a monthly yield of 0.38%. The plan can be used for cash ISA investment or cash ISA transfer. |
| The Royal Deposit ISA | 4.00% | |
| 3 year fixed rate cash ISA that returns 4.00% a year. The plan can be used for cash ISA investment or cash ISA transfer. |
| ING Direct Cash ISA | 2.50% | |
| Rate is guaranteed for 12 months. Start saving from just £1. |
Exisiting customers only | Natwest E Cash ISA | up to 2.50% | |
| minimum deposit £1.00. Open to Natwest current account holders only. |
| E-Cash ISA | 2.10% | |
| Instant access cash ISA open to new and existing customers. |
| Investec FTSE 100 Kick-Out Deposit Plan | Up to 6.75% per year | |
| Structured deposit plan with two options offering returns of up to 6.75% per year. Potential to kick out after 2 or 3 years depending on the option. Available for Cash ISA and Cash ISA transfer. |
| Investec FTSE 100 3 Year Deposit Plan ISA | See Details | |
| This capital protected deposit plan offers a maximum return of 18% at maturity. |
| Investec FTSE 100 5 Year Deposit Plan ISA | Growth return of up to 40% | |
| This 5 year capital protected deposit plan offers a maximum return of 40% at maturity. Available as Cash ISA and Cash ISA transfer. |
| HSBC E Cash ISA | 1.75% | |
| exclusively for HSBC Personal Banking Customers |
Existing customers only | RBS Instant Access Cash ISA | 0.55% - 2.00% | |
| ISA transfers are eligible for additional bonus interest payments. Tiered interest rates. 2.00% AER applied to deposits of £50K+. Open to RBS current account holders only. |
Existing customers only | Natwest Cash ISA | up to 2.00% | |
| Minimum deposit £1.00, rates from 0.50% - 2.00% AER. Open to Natwest current account holders only. |
* Income payments are dependent upon the FTSE 100 Index.
Disclaimer (Please Read)
General risk warnings
- The list of funds/investments provided above should not be seen in any way as being a recommendation. No advice has been given and you should be aware that any investment which takes place will be transacted on a “non-advised sale” basis.
- Full details of the investments will be provided in the documentation/brochure sent to you and it is up to you to ensure that you fully understand the nature of the investment before proceeding. If you are at all unsure of the suitability of the type of investment, both in respect of its objectives and its risk profile, you should seek independent financial advice.
Collective investments
- Collective investments such as unit trusts are designed as medium to long term investments, for example at least five years.
- The value of your investment and the level of any income received from it can fall as well as rise and is not guaranteed and you may not get back the amount of your original investment.
- Any income yield quoted is correct at the time of going to press. Income yields vary and are only estimates. The actual dividend income that you receive will depend upon the income payable by the underlying assets of the fund and could change, either up or down, at any time. Dividend income from an ISA will, under current legislation, be free of UK income tax. Dividend income paid from a fund not held within an ISA will be subject to income tax, which may or may not be reclaimable depending upon your circumstances and the type of investment. In some cases, there may be additional income tax to pay.
- If you choose a fund which invests overseas, there is the addition of “exchange rate” risk which could reduce any gains or increase losses if the currency moves against you.
- Dividend income paid from a fund not held within an ISA will be subject to income tax, which may or may not be reclaimable depending upon your circumstances and the type of investment. In some cases, there may be additional income tax to pay.
Structured Products
- Structured Products are fixed term investments and are designed so that your capital remains invested for the full term of the plan. Although it may be possible to encash your investment before the end of the term, this could mean that an early encashment charge is applied and you may not get back the full amount of your capital.
- An investment termed as a “capital guaranteed structured product” is one where the return of your capital at maturity is not dependent upon the performance of an index or another financial instrument
- An investment termed as a “capital at risk structured product” is one where the return of your capital at maturity is dependent upon the performance of an index or another financial instrument.
Specific ISA warnings
- The tax efficiency of ISAs is based on current tax law and there is no guarantee that tax rules will stay the same in the future.
- Dividend income from a stocks and shares ISA will, under current legislation, be free of further liability to UK income tax whether this is paid out or automatically reinvested.
Hide Disclaimer
See below for leading Child Trust Fund accounts:
| Children's Mutual Child Trust Fund |  | £10.00 pm | |
| Awarded Best Child Trust Fund (CTF) provider for 2006, 2007 and 2008. Up to £40 of FREE Mothercare Vouchers when you apply online. |
| Engage Child Trust Fund | | £5.00 pm | |
| Engage is one of the UK's leading Child Trust Fund providers. Up to £25 in FREE Boots Vouchers if you set up a Direct Debit Online. |
| Jump Child trust Fund | | £25.00 pm | |
| Jump is a Child Trust Funds savings plan specially designed for children. It is based on Witan Investment Trust. Witan's objective is to create wealth for its investors through stockmarket investment. |
Disclaimer
Please bear in mind that:
- The value of your investment and the level of any income received from it can fall as well as rise and is not guaranteed and you may not get back the amount of your original investment.
- The list of funds provided above should not be seen in any way as being a recommendation. No advice has been given and you should be aware that any investment which takes place where appropriate will be transacted on an “execution only” basis.
- Full details of the funds, including investment performance statistics and risk profile will be provided in the documentation/brochure sent to you and it is up to you to ensure that you fully understand the nature of investment before proceeding. If you are at all unsure of the suitability of the type of investment, both in respect of its objectives and its risk profile, you should seek independent financial advice.
- If you choose a fund which invests overseas, there is the addition of “exchange rate” risk which could reduce any gains or increase losses if the currency moves against you.
Hide Disclaimer
| Jump Children's Savings Plan | | £25.00 pm | |
| Jump is a Child savings plan specially designed for children. It is based on Witan Investment Trust. Witan's objective is to create wealth for its investors through stockmarket investment. |
| Baillie Gifford Children's Savings Plan | | £30.00 pm | |
| A cost effective Children’s Savings Plan, providing an easy way to invest for a child's future through the stock market. The Plan gives you a choice of two ways in which you can invest, choosing from either a Designated Account or a Bare Trust account. |
Disclaimer
Please bear in mind that:
- The value of your investment and the level of any income received from it can fall as well as rise and is not guaranteed and you may not get back the amount of your original investment.
- The list of funds provided above should not be seen in any way as being a recommendation. No advice has been given and you should be aware that any investment which takes place where appropriate will be transacted on an “execution only” basis.
- Full details of the funds, including investment performance statistics and risk profile will be provided in the documentation/brochure sent to you and it is up to you to ensure that you fully understand the nature of investment before proceeding. If you are at all unsure of the suitability of the type of investment, both in respect of its objectives and its risk profile, you should seek independent financial advice.
- If you choose a fund which invests overseas, there is the addition of “exchange rate” risk which could reduce any gains or increase losses if the currency moves against you.
Hide Disclaimer