Investment ISA
Your simple, hassle free path to smoother investment returns and a more secure financial future. When investing, your capital is at risk.
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left to use your 2023/24 ISA allowance
A Smoother, Steadier Approach To Investing
Do you want the benefits of investing without having to brace yourself for the sharp ups and downs of the investment rollercoaster? You’re in the right place. Our easy-to-manage Investment ISA aims to offer you:
Smoother Returns
Our Investment ISA aims to offer you more predictable growth by smoothing out market fluctuations.
Quarterly Bonuses
We aim to pay you a bonus every three months, helping you to grow your wealth for a more secure financial future.
Expert Management
Your investment is fully managed by experienced professionals, who aim to grow your money at a faster pace than standard cash accounts.
About Our Investment ISA
Our Investment ISA can help you protect and grow your wealth for the future. This plan aims to offer you steady, more reliable returns over the medium-to-long term. Plus, it’s a great way to make the most of your tax-free ISA allowance.
- Invest from £30 a month or with one-off lump sum payments whenever you like.
- Our expert fund managers aim to grow your money faster than with a Cash ISA, so the hard work is done for you.
- We’ll aim to pay you a bonus every three months – we’ve paid consistent bonuses since this plan was launched in 2008.
- Tax-efficient way to invest – pay no capital gains or income tax on your returns.
- No charges for withdrawals or transfers.
While our fund managers aim to offer you consistent growth, it’s important to note that the value of investments can go down as well as up. Bonuses are not guaranteed.
Who’s it for?
An Investment ISA could be a great fit for you if:
- You’re seeking steadier, smoother returns on your investment without the complexity of traditional investing.
- You prefer a lower risk approach when it comes to your money.
- You’d like a less hands-on way to invest.
- You’re a beginner investor starting your investment journey or a seasoned investor looking to diversify your portfolio.
How We Manage Your Investment
Our Investment ISA is designed to deliver higher returns than a traditional Cash ISA by investing in a range of assets like equities and bonds. You can find more information on how this investment fund works, below.
How We Invest
- Following periods of strong investment performance, you might get a final bonus
- Or, following periods of poor investment performance, you may get back less than the current value of your plan.
Where We Invest
How We’re Regulated
Why We’re Trusted
Please keep in mind that when you take out an investment product with us your capital is at risk and you may get back less than you have put in.
Why Choose Shepherds Friendly?
At Shepherds Friendly, we’re member-owned, so all our profits are either returned to you or reinvested for your benefit. We’ve been helping people secure their financial futures for nearly 200 years, and we put fairness at the heart of everything we do.
Our Members Love That We Do Things The Right Way
Nine out of 10 members would recommend us for the way we help their investments grow.
Helping Our Members Benefit For Almost 200 Years
The world’s changed a lot since 1826 but our idea of fairness remains the same.
When You’re Member-Owned, It Matters More
We take the financial future of every member personally, because you’re one of us.
Take out a plan and kickstart your investment journey with up to £100 cashback into your ISA
Once your first deposit has been received, you will receive an ‘ISA Boost’ within 30 days. An ‘ISA Boost’ is cashback paid directly into your plan, equal to your first deposit, up to the value of £100. See our terms and conditions for more details.
Ready To Start Investing In Your Future?
Download this document for all the key information about our Investment ISA. Remember that when you invest, your capital is at risk.
Frequently Asked Questions
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What is an Investment ISA?
An ISA is a government-backed plan which means you won’t pay tax on any growth in your savings. You can open our Investment ISA from £30 a month or an initial lump sum of a minimum of £100.
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What is the ISA allowance/ISA limit?
For the 2023/24 tax year, the allowance is £20,000. The annual ISA allowance can vary each tax year. The limit is set by the government and usually rises in line with the Consumer Prices Index.
Find out more about ISA allowances.
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Can I withdraw from my Investment ISA?
You can withdraw money from your ISA whenever you want. To make a withdrawal please email withdrawals@shepherdsfriendly.co.uk, please remember to include your plan number and to send your request from the email address you have registered with us.
Depending on your bank, or during particularly busy periods, this process can take a little longer and you may receive your money around 10 working days after we receive your request. If you need the money for a particular date or purpose, we recommend allowing plenty of time for your withdrawal to be completed, in case of any delays.
If you prefer, we can send you a cheque by post upon request.
However, you should remember that our ISA is a medium to long-term investment and that making regular withdrawals could reduce the value.
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Can I transfer an existing ISA?
Yes. You can transfer an existing ISA to us, using our transfer application. An ISA transfer allows you to move money from one ISA provider to another without losing the tax-free wrapper. If you try to move ISA funds by withdrawing then re-subscribing, rather than going through the proper ISA transfer process, the funds will lose their tax-free status and will count as a new ISA subscription.
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Can I have more than one ISA?
You can open ISAs with more than one provider within the tax year, providing you don’t exceed the maximum annual allowance across all the ISAs you hold. The current maximum allowance for the 2024/25 tax year is £20,000. The ISAs you hold can all be the same type or you can choose a mixture of ISAs that you’re eligible for in a given tax year. It is important you check your eligibility for each type of ISA, and remember, you can only pay into one Lifetime ISA in a single tax year (up to £4,000).
Our Member Services team are always happy to help.
You can call them on 0800 526 249.
Important Things To Consider
- Past performance cannot be taken as a guarantee of future returns.
- Bonus rates vary from quarter to quarter depending on the performance of our investments and in some years we may not pay out any at all.
- HM Revenue and Customs may change the tax status of an ISA in the future.
- Inflation and making regular withdrawals may affect the purchasing value of your investment in the future.
- If you have been invested through periods of poor investment performance, and you leave the fund, you may get back less than the current value of your plan. This is known as a Market Value Reduction (MVR)
When you take out an investment product with us your capital is at risk and you may get back less than you put in. All references to taxation are to UK taxation and are based on Shepherds Friendly Society’s understanding of current legislation and H M Revenue and Customs practice which may change in the future. Please ensure that you read the full terms and conditions of this plan which are available from your financial adviser or by contacting us directly.
Please note: No advice has been given by Shepherds Friendly, and if you are in any doubt as to whether a investment plan is suited to your needs, then you should contact a financial adviser. There may be a charge for financial advice, and the cost should be confirmed to you before any advice is given.