Individual Savings Accounts
If you are a private investor, looking to secure your long-term security, you need to make certain you choose the right provider for your tax-efficient Individual Savings Account (ISA).
ISAs AND YOU
Thousands of private investors choose Charles Stanley as their Stocks & Shares ISA manager. Having been involved with ISAs and their predecessors PEPs since they were created, we know and understand them. ISAs can be a highly efficient way to manage your investments and can be a major advantage in your portfolio.
STOCKS & SHARES ISA
Charles Stanley offers only Stocks & Shares ISAs. A Stocks & Shares ISA is a wrapper in which investments may be bought, sold and held in a tax-efficient way. The main advantage of ISAs is that for many investors they can substantially reduce the tax burden created by income and profit on investments held within them. As well as opening new ISAs, many clients have chosen to transfer all their ISAs held with other managers to Charles Stanley, thereby taking advantage of the reduction in paperwork and administration this affords them. Download our brochure for more information on how our Stocks and Shares ISA works.
THE BENEFITS OF INVESTING WITHIN ISAs
ISAs allow you to build your own portfolio of investments within a tax-efficient account that is ‘ring-fenced’ from the rest of your financial affairs. You need not give HM Revenue & Customs any details whatsoever about these investments. With a Charles Stanley Stocks & Shares ISA you have the freedom to choose from all qualifying investment options including shares, fixed interest stocks, gilts, unit trusts and investment trusts. There are also favourable rules regarding the treatment of interest on the cash balances in your ISA. You can withdraw your money at any time without losing the previous tax relief and we make no exit charges apart from a pro rata administration fee.
WHY TRANSFER TO CHARLES STANLEY?
Transferring your existing ISAs to Charles Stanley is straightforward. You can transfer all, or part, of any existing ISA held with a different provider to a Charles Stanley ISA; the only limitation is that the current year’s ISA subscription must be transferred in full or remain in situ. You may also transfer a Cash ISA into our Stocks & Shares ISA. We charge nothing for doing this but you should clarify exit charges and transfer terms with your existing manager.
In keeping with the bespoke nature of our service, we offer both flexibility and convenience, meaning you can choose from the widest range of investment possibilities. You will receive regular updates, valuations and statements itemising all payments, transactions, dividends and tax credits.
INCLUDED IN THE SERVICE
The freedom to choose from all qualifying investment options including shares, fixed interest stocks, gilts, unit trusts and investment trusts.
You may transfer all, or part, of any existing ISA held with a different provider to a Charles Stanley Stocks & Shares ISA.
You may also transfer a Cash ISA into our Stocks and Shares ISA.
No higher-rate tax charge on the investment income that you receive in your ISA.
You pay no additional tax on dividends, or on interest on stocks that you hold in your ISA.
You can withdraw your money at any time without losing the previous tax relief and we make no exit charges apart from a pro rata administration fee.
You may choose to have your ISA looked after in a number of ways:
Matterley Fund Management
0131 550 1212
Service local all branches
CONTACT YOUR LOCAL OFFICE
Your local office can advise you on all aspects of your ISA:
You may wish to see further complementary services for ISA investments: