Scottish Widows ISA

This product is available from the 28th June, 2010.

Whether you have a lump sum or you wish to start investing on a regular basis, the Scottish Widows ISA offers you an excellent opportunity to make the most of your annual ISA allowance.

By investing in a Scottish Widows ISA, you have a medium to long-term tax efficient investment with the potential for growth that aims to help you make the most of your money.

The stocks and shares ISA offers four different fund options to meet your needs.

• Invest a lump sum of at least £1,000 or set up a regular payment of at least £150 per month
• You can invest up to £10,680 in a stocks and shares ISA, less any amounts you may have paid into a cash ISA in the same tax year
• Make additional payments from £10 per month or £250 for a lump sum
• There is currently no initial charge if you transfer your ISA from another provider to a Scottish Widows ISA
• An initial charge of at least 2% of each of your payments, is taken before shares are bought. There is an annual management charge (AMC) of 1.5% for this product.  The AMC is included in the Total Expenses Ratio (TER), which covers yearly costs of the fund and may vary throughout the investment period.

Please approach investment planning with care and look to invest for at least 5 to 10 years.  An early withdrawal charge will be applied if you cash in some or all of your investment within the first three years of your investment start date. 

Tax rules may change in the future.

Funds are how your money is invested in the stock market. There are a range of funds that offer different levels of risk and potential returns. You should be prepared to invest for at least 5 to 10 years to benefit from the potential growth in the stock market.

Your financial adviser will help you choose the fund which is right for you.

To apply for a stocks and shares ISA or discuss whether it might be suitable for you, book a no-obligation appointment with a financial adviser.

You can book an appointment online or call 0845 604 1401* 

*Lines are open Monday to Friday 8am - 8pm & Saturday 9am - 1pm.