Things you need to know
Here's a few more things it is important to understand about our Investment ISA.
- We recommend you hold your ISA for a minimum of 5 years and ideally for at least 10 to allow growth over the medium to long term.
- Monthly bonuses cannot be guaranteed as they are based on future investment returns, which may be lower than expected. If bonuses are less than the fund charges the value of your ISA will go down.
- If you withdraw your money during poor market conditions or in the early years, the Investment Performance Adjustment (IPA) may result in you getting back less than you invested.
- The tax treatment of the policy may change in the future and could also depend on your individual circumstances.
- Inflation will reduce what you can buy in the future with your investment.
- You will not pay any income tax or capital gains tax on your investment. The only tax due is that on dividends from shares held in the fund which is paid by National Deposit and cannot be reclaimed.
Your tax-efficient savings allowance: Use It, Or Lose It!
Everyone in the UK aged 18 or over has an ISA tax-efficient savings allowance. If you don’t use it, you will lose it. It’s as simple as that!
YOU qualify if you are:
- aged 18 or over
- live in the UK (and will be for at least 6 months of the tax year)
- or are a crown employee or spouse / civil partner of a crown employee serving overseas
Apply right now online
Alternatively, why not find out more about our Investment ISA by calling us on 0800 195 9246 or order your FREE information pack.
