Stocks & Shares ISA

Why a Stocks & Shares ISA?

£20,000

Invest up to £20,000
tax-free each year

£50

Open an account
with just £50

We approach financial products differently at True Potential and our Stocks & Shares ISA is no exception. Provided by True Potential Investments, the ISA is available to any of our clients – through our financial advisory services, investment advisory services or self-directed investments service, as well as through over 700 directly authorised firms we work with.

With our Stock & Shares ISA, you benefit from our award-winning Wealth Platform technology that allows you to:

Invest in our True Potential Portfolios and Wealth Strategy Fund Range, plus:

Set a goal for your ISA
Track your ISA towards your goal on a personal client site
Monitor your ISA via our iOS and Android apps
Top up your ISA from £1 on-the-go with impulseSave®
Invest from just £50
Contact your financial adviser directly via secure message

In addition, we’ve kept charges low so that you have the potential for greater returns. With our Stocks & Shares ISA, you pay:

No initial charge for the tax wrapper
No annual charge for the tax wrapper
No dealing charges
No penalties for withdrawals

What Is a Stocks & Shares ISA?

A Stocks & Shares ISA is a tax-efficient savings scheme that allows you to invest up to £20,000 in the 2017/18. Using up your allowance each year can significantly boost your investments and save you tax when compared with other saving and investment products.

ISA rules dramatically changed in 2014, increasing your annual allowance and providing extra flexibility for investors. You can now use your full ISA allowance in a Cash ISA, Stocks & Shares ISA, or a combination of the two. You can also transfer from a Cash ISA to a Stocks & Shares ISA, and vice-versa. One thing remained the same, you can only open one Cash ISA and one Stocks & Shares ISA in each tax year.

The introduction of the new Lifetime ISA came into effect in April 2017 for which the government provides a 25% top up. We continue to move in line with the changes and endeavour to make saving as easy as possible for our clients.

Why Invest in a Stocks & Shares ISA?

Out of the two ISA options, Cash ISAs and Stocks & Shares ISAs, Britons tend to choose cash. Over the short-term, this can be a sensible choice, but it’s important to understand the interest rates and typical performance of the ISA types before making a commitment.

Cash ISA rates are typically low – often lower than the rate of inflation. In 2014/15 the average interest on a Cash ISA was just 1.53%. That means your money, if saved in a low-rate Cash ISA, could potentially lose value over time. The Government has set an inflation target of 2%, so you’ll need to find a Cash ISA with a rate higher than this to make even a small a return on your money. In addition, many banks offer short-term introductory rates that plummet after 12 months.

If you’re investing for a long-term goal, one that’s five or more years away, a Stocks & Shares ISA has the potential for much greater returns than a Cash ISA. In 2014/15, the average return on a Stocks and Shares ISA was 7.4%. That means you might reach your goal quicker than you think – far better to get there early than not at all.

Of course, with a Stocks & Shares ISA there is an element of risk. The value of your money can go up as well as down and is not guaranteed. So it’s important that you choose a level of risk that you’re comfortable with, as well as one that will help you reach your goal.

Ready to Invest?

If you are aged 18 or over and would like to find out more about opening a True Potential Investments Stocks & Shares ISA, contact your financial adviser. If you do not have an adviser, you can purchase direct from True Potential Investor or find a local True Potential adviser.

Find an Adviser Purchase now

Your capital is at risk. Investments can fluctuate in value and you may not get back the amount you invest. Past performance is not a guide to future performance. Tax rules can change at any time.

True Potential Investments LLP is authorised and regulated by the Financial Conduct Authority. FRN No. 527444. www.fca.org.uk Registered in England and Wales as a Limited Liability Partnership No. OC356027.

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