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.

Investment ISA Offer

Up to 7.5% interest pa with monthly payments

Monthly interest even if the FTSE falls 15%…

7.50% interest each year is a strong headline return, especially when this can be achieved even if the FTSE 100 Index falls up to 15%.

“The combination of high interest potential and monthly payments, along with a defensive feature meaning you get paid even if the stock market falls 15%, means we expect this plan to be popular.”

Oliver Roylance-Smith, head of savings and investment

The Meteor FTSE Monthly Contingent Income Plan pays 0.625% at the end of each month, provided the FTSE 100 Index has not fallen more than 15% below its level at the start of the plan – that’s a potential 7.50% interest per year. If the Index does close below this level, no interest is paid for that month.

The plan has a maximum term of 10 years, but also offers the opportunity to receive your initial capital back in full before then if the FTSE has risen 5% or more at the end of each quarter (from year 2 onwards). If the plan does not end early, your initial capital is returned in full provided the FTSE has not fallen by more than 35% at the end of the plan term. If it has, your initial investment will be reduced by 1% for each 1% fall, so your capital is at risk.

Available for ISA, ISA transfers and non-ISA investments

More info »

Capital is at risk. This is a structured investment plan that is not capital protected and is not covered by the Financial Services Compensation Scheme (FSCS) for default alone. Income payments are not guaranteed and there is a risk of losing some or all of your initial investment due to the performance of the FTSE 100 Index.

Investment Growth Plan ISAs

Plan Name

Investec FTSE 100 Enhanced Kick Out Plan

Maximum Potential Return
10%
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

Dura Capital Credit Suisse FTSE 100 Defensive Autocall Plan

Maximum Potential Return
7.5%
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.

Plan Name

Investec/Lowes 8:8 Plan

Maximum Potential Return
7.25%
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 6.8%
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.

Investment Fund ISAs

Invest From
£20 per month or £100 single
Fund Choice
Managed, Tracker or Self-Select
ISA Transfers

Why we like it: Legal & General has over 9 million customers in the UK, and over £1trillion of assets under their management (as at 31st December 2018). Their Stocks & Shares ISA offers a wide range of investment options, whether you want ready-made funds, low cost index trackers, or the ability to pick your own. You can invest up to £20,000 this tax year, with a low minimum of £100 lump sum or £20 per month, and you can manage your account easily online. Please remember the value of your investment and any income from it may fall as well as rise and is not guaranteed. You may get back less than you invest.

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.

Invest From
£50 per month
Fund Choice
Over 140 providers and 3,000 investment options
Protection Scheme
FSCS
ISA Transfers

Why we like it: Invest from as little as £50 a month or with a £1,000 lump sum. Investment choice from over 140 fund providers, giving you access to 3,000 investment options. One low-cost service fee of 0.35%. Great service – from investment guidance on website through to UK-based phones team. PathFinder, Select 50, Investment Finder – investing tools for beginners to advanced investors. 24/7 access via online Account Management system.

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.

Invest From
£25 per month or £100 single
Fund Choice
40,000+ UK and global stocks
Protection Scheme
FSCS
ISA Transfers

Why we like it: An award-winning ISA that gives you complete control. The second largest platform in the UK with the widest choice of investment options in the market including funds, investment trusts, ETF’s and more. Open online in less than 10 minutes. Access to expert independent ideas and analysis. Low cost fees and trading

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.

Invest From
£25 per month or £100 single
Fund Choice
2,500+ funds
Protection Scheme
FSCS
ISA Transfers

Why we like it: Choose your own funds or alternatively a ready made portfolio. Market-beating savings and discounts of up to 5.5%. No charge to buy and sell funds. Low, tiered annual charges for holding funds, with a maximum of just 0.45% per annum. Free fund updates and analysis from experienced research team. Invest with a financially secure, FTSE 100 company.

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.

Invest From
£25 per month or £1.50 per deal
Fund Choice
Over 2,000 funds
Protection Scheme
FSCS
ISA Transfers

Why we like it: Deal from £1.50 and never pay more than £9.95 per online deal. Choose your own investments from over 2,000 funds, investment trusts and exchange traded funds. View your account online 24/7 and deal on the go with our mobile app. Regular savings option available.

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.

Invest From
£500 single
Fund Choice
Discretionary Investment Management
Protection Scheme
FSCS
ISA Transfers

Why we like it: Get an intelligent stocks & shares ISA portfolio – Choose a portfolio that’s fully managed by our expert team or a fixed allocation portfolio. No tie-ins, no set-up fees, no exit charges. Easy, online set up in minutes. Start with as little as £500. Portfolio management fees of 0.45%-0.75% up to £100k. 0.25%-0.35% beyond £100k. There are also underlying investment charges, see our fees page. Plus, live chat, amazing customer support and brilliant investor tools and guides. Authorised and regulated by the FCA. Capital at risk. ISA rules apply

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.