Stocks & Shares ISAs

Stocks & Shares ISAs

Stocks & Shares ISA Options For Your 2019 ISA

Compare 2019/20 Stocks & Shares ISA Deals

If you are looking to use your 2019/20 ISA allowance see our selected options for stocks and shares based ISAs.

For investment ISAs there are a range of options including isa funds which offer you the option of selecting your own funds based on attitude to risk, or allowing a specialist manager to invest on your behalf. Both Investec Click & Invest and Vitality Investments provide investors with these options.

Investment Growth Plan ISAs

Plan Name

Investec FTSE 100 Enhanced Kick Out Plan

Maximum Potential Return
10.25%
per annum
Term
Up to 6 years
ISA Option

Important Information: Structured investment plans are not capital protected and are not covered by the Financial Services Compensation Scheme (FSCS) for default alone. There is a risk of losing some or all of your initial investment due to the performance of the underlying investment. There is also a risk that the company backing the plan known as the Counterparty may be unable to repay your initial investment and any returns stated.

Plan Name

Investec/Lowes 8:8 Plan

Maximum Potential Return
7.6%
per annum
Term
Up to 8 years
ISA Option

Important Information: Structured investment plans are not capital protected and are not covered by the Financial Services Compensation Scheme (FSCS) for default alone. There is a risk of losing some or all of your initial investment due to the performance of the underlying investment. There is also a risk that the company backing the plan known as the Counterparty may be unable to repay your initial investment and any returns stated.

Investment Income Plan ISAs

Plan Name

Investec FTSE 100 Defensive Income Plan

Annual Income
Up to 7.2%
per year
Term
Up to 8 years
ISA Option

Important Information: Structured investment plans are not capital protected and are not covered by the Financial Services Compensation Scheme (FSCS) for default alone. There is a risk of losing some or all of your initial investment due to the performance of the underlying investment. There is also a risk that the company backing the plan known as the Counterparty may be unable to repay your initial investment and any returns stated.

Plan Name

Hilbert UK Conditional Quarterly Autocall Plan

Annual Income
Up to 7.0%
per year
Term
Up to 10 years
ISA Option

Important Information: Structured investment plans are not capital protected and are not covered by the Financial Services Compensation Scheme (FSCS) for default alone. There is a risk of losing some or all of your initial investment due to the performance of the underlying investment. There is also a risk that the company backing the plan known as the Counterparty may be unable to repay your initial investment and any returns stated.

Investment Fund ISAs

Invest From
£100 per month or £1,500 single
Fund Choice
Choose from 6 funds based on risk level or build your own portfolio
Protection Scheme
FSCS
ISA Transfers

Why we like it: Not only do they look after your health, but they help you look after your wealth – by adding extra money to your ISA every 5 years – on top of returns – when you invest in Vitality funds. This could get you an extra 15% over 25 years. T&Cs apply.

 

Important information: Investment ISAs are tax-efficient wrappers for long term investments. Capital at risk. Charges may apply.  The amount of tax you save and your eligibility to invest in an ISA depends on your personal circumstances. All tax rules may change in the future.  ISA transfer charges may apply, please check with your provider.

Invest From
£2,500
Fund Choice
Managed Portfolios
Protection Scheme
FSCS
ISA Transfers

Why we like it: Investec Click & Invest is an online investment service that aims to make actively managed, globally diversified investment portfolios accessible to a wider audience. Everyone deserves harder working money, and Click & Invest’s goal is to make a positive difference to more financial futures. Their experts build and manage investment portfolios from £2,500 online, intelligently blending expertise with high-quality service. With a £2,500 minimum investment, Click & Invest aims to deliver an exceptional service for a straightforward fee. They offer both stocks and shares ISAs and general investment accounts, with a seamless online experience, with dedicated 24/7 support available. Capital at risk.

 

Important information: Investment ISAs are tax-efficient wrappers for long term investments. Capital at risk. Charges may apply.  Tax rules may change in the future and whether particular tax rules benefit you, will depend on your individual circumstances. ISA transfer charges may apply, please check with your provider.

Share Dealing ISAs

Stocks & Shares ISA
Trade From
£4.95 frequent trader rate
£9.95 standard trader rate

AJ Bell YouInvest Share Dealing ISA Account 

Stocks & Shares ISA
Trade From
£5.95 frequent trader rate
£11.95 standard trader rate

Hargreaves Lansdown Share Dealing ISA Account 

An investment ISA is simply where you use your annual ISA allowance (currently £20,000 in 2019-20) to invest in non cash assets such as shares, investment trusts, open-ended investment companies (OEICs), life insurance policies, corporate bonds, and gilts.

An investment ISA, as with all investments, involves an element of risk, so it’s important that you are comfortable with this and you are in a sufficiently stable financial position. If you are unsure you should seek independent financial advice.

Before you open an investment ISA, make sure that:

  • Your debts are under control – you’ve either paid them off or have affordable arrangements in place to do so.
  • You have emergency savings that you can access easily if something unexpected occurs – if your car breaks down or you’re made redundant, you’ll need savings that you can use straight away.

If you’re very new to saving and don’t yet have a basic emergency fund, you may find that a cash ISA is more suitable for you at this stage. Once you’ve built up some accessible savings in this way, you might then want to consider an investment ISA.

 

  • You should be prepared to invest for the medium to long term with a investment ISA – for example, for five years or more.
  • If you think you might require access to your cash in the next couple of years, a investment ISA may not be the right choice for you. Share prices can be volatile – and so if you were to withdraw your investment in the next twelve to eighteen months, you could end up with less money than you started with.
  • Different investment ISAs have different investment options. These range from as little as £10 per month (e.g. through a fund) to a specified minimum investment (e.g. £500).
  • Some ISA providers will give you online access to your account, allowing you to see the investment performance of your ISA and keep up to date with any charges incurred.
  • If your investment ISA isn’t performing as well as you’d like, you will usually be permitted to transfer it another provider. To do this, speak to your new ISA manager who will arrange the transfer, allowing you to avoid losing any tax benefits by withdrawing your cash.
  • You can transfer shares you get from an HMRC-approved SAYE (save as you earn) scheme run by your employer, or a share incentive plan, into a investment component of an ISA without incurring capital gains tax, up to your annual ISA allowance.
  • You will not be able to transfer any existing non-ISA shares, or shares you’ve inherited, into an investment ISA.
  • With an investment ISA, there is greater long-term growth potential than a cash ISA – however, bear in mind that the value of your investment can go down as well as up.
  • If you have an investment ISA from a previous tax year, you’re permitted to move this into a current investment ISA or split it between more than one investment ISA.
  • If you want to open a Junior ISA (JISA) for your child, you can also invest in investment on their behalf up to a maximum of £4,368.

 

A stocks and shares ISA acts as a tax-efficient ‘wrapper’ for your investments, allowing you invest up to a set amount per year (currently £20,000 for the 2019/20 tax year) while paying a reduced amount of tax on any investment income you make.

Your personal allowance for a stocks and shares ISA is £20,000 for the 2019/20 tax year. Investing this amount would use up your full ISA allowance, but if you prefer, you can divide your ISA allowance between a cash ISA and a stocks and shares ISA.

You could, for example, put some of your allowance in a cash ISA and the remaining balance can be invested in stocks and shares.

When considering a stocks and shares ISA, bear in mind that tax treatment may vary and is subject to change in the future.

You can switch your investments within the stocks and shares ISA, or transfer your ISA to another provider without it affecting your allowance for that tax year.

To transfer a stocks and shares ISA from one provider to another, speak to the new provider, who will arrange it on your behalf.

Different stocks and shares ISA providers offer different levels of risk, as well as varying potential returns. Some are focused on specific types of asset, while others are more varied.

If you want the opportunity to spread your investments around different areas – and thus avoid putting all your eggs in one basket – you could choose a stocks and shares ISA provider that specializes in diverse portfolio management.

One of the key advantages of a stocks and shares ISA is that it can offer the potential to deliver higher returns than a cash ISA, especially if you plan to hold it over the long term.

Holding a stocks and shares ISA for a longer period of time increases your chances of riding out fluctuations in the market.

If you’re looking to hold your investment for at least five years, and are happy to take on a level of risk, then a stocks and shares ISA might be a suitable choice for you.

However, stocks and shares ISAs don’t provide the same level of security as cash ISAs. If you’re saving for the short term, need easy access to your money, can’t afford to risk your capital, or are simply risk-averse, then a stocks and shares ISA probably won’t be suitable for you.

As with all financial decisions, it’s best to seek independent advice if you’re unsure.

If a stocks and shares ISA isn’t the right choice for you, we also provide access to a leading range of cash ISAs.

Important Risk Information:

This website contains information only and does not constitute advice or a personal recommendation in any way whatsoever. The value of investments and income from them can fall as well as rise and you may not get back the full amount invested. 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.

Different types of investment carry different levels of risk and may not be suitable for all investors. Prior to making any decision to invest, you should ensure that you are familiar with the risks associated with a particular investment and should read the product literature. If you are in any doubt as to the suitability of a particular investment, both in respect of its objectives and its risk profile, you should seek independent financial advice.