ISAs
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Tax efficient investing with a choice of service; manage yourself or let us take control.
Tax efficient investing, with a choice of retaining control of the investment selection or delegating the decision making to one of our investment professionals.
Our clients have the choice of operating their ISAs held with us on either a "Managed" or "Self Select" basis. Managed plans are those that delegate the selection and management of investments to a dedicated investment manager whilst the Self Select plan investor retains control of the investment selection.
ISAs are a tax efficient way of investing in stocks and shares and can be run alongside your main portfolio. Existing ISAs can be transferred and amalgamated under one plan, saving you time and money and giving you access to one dedicated portfolio manager.
In the 2009/ 10 tax year, you can invest £7200 into your ISA. An ISA may be a very useful shelter to shield against income tax. Capital and income may be withdrawn at any time.
Both Managed and Self Select ISAs are very useful tools for efficient investment and help maintain flexibility to cope with changes in personal circumstances.
Key Features:
- In the 2009/ 10 tax year you can invest up to £7200 into our stocks and shares ISA.
- Comprehensive and independent investment management.
- No restrictions on product investment, subject to Inland Revenue guidelines.
- Access to one portfolio manager who can deal with all requests and identify suitable investment opportunities.
- Fee-free transfer and consolidation of your other ISA plans to Fyshe Horton Finney Ltd.
Risks
- The value of your investments and any income from them may go down and you may get back less than you originally invested.
- The value of tax benefits depends upon individual circumstances, and may be subject to change in the future.
- If you are unsure about the suitability of this service please contact us for advice.
New ISA limits announced in Budget 2009
The ISA limit will be raised to £10,200, up to £5,100 of which can be saved in cash. The new limits will apply to people aged 50 and over in 2009-10 and for all ISA investors (aged 18 or over) from 2010-11 onwards.
There are two different commencement dates for this measure.
From 6 October 2009, the ISA limit will increase to £10,200, up to £5,100 of which can be saved in cash for people aged 50 or over. From 6 October, those aged 50 and over will therefore be able to deposit £10,200 into their 2009-10 ISA, up to £5,100 of which can be in cash.
From 6 April 2010, the ISA limit will increase to £10,200, up to £5,100 of which can be saved in cash for all ISA investors aged 18 or over. (The limit for investors aged 16 and 17 will rise to £5,100.) From 6 April 2010, all savers aged 18 or over will therefore be able to deposit £10,200 into their 2010-11 ISA, up to £5,100 of which can be saved in cash.
ISAs: Managed & Self Select
Tax efficient investing with a choice of service; manage yourself or let us take control.
Disclaimer: You should be aware that the price and value of any investments and the income, if any, from them can fluctuate and may fall against your interests. You may get back less than the amount originally invested.
Information on past performance, where given, is not necessarily a guide to future performance. Exchange rate fluctuations may have an adverse effect on the value of financial instruments quoted in a currency other than your agreed settlement currency. The investment and services offered may not be suitable for all investors. Investors with any doubts as to the merits of an investment should seek advice from a suitably qualified professional advisor. You should also be satisfied that the product is suitable for you in the light of your circumstances and financial position.If you are unsure about the suitability of an investment please contact us for advice.
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