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piggy bank with coins

What is a Stocks and Shares ISA?

We explain how you can save tax-efficiently into a Stocks and Shares ISA


Shepherds Friendly Stocks and Shares ISA facts



adults on money stack


adults on money stack

An ISA is a government backed tax-exempt savings plan.


piggy bank with umbrella

By saving into an ISA, you are protecting any potential returns from the taxman.




stack of coins

You can access your savings as a tax-free cash lump sum at any time.




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You can open our investment ISA from as little as £30 a month or with an initial lump sum of a minimum of £500.




pink pig money box

You are able to save up to £15,240 this tax year in an ISA.



money bags

You can open our ISA from £30 a month or an initial lump sum of a minimum of £500.




pink pig money box

You are able to save up to £15,240 this tax year in an ISA.


You can save into two ISAs every year


You can open two ISAs each tax year - one cash ISA and one investment ISA. You can then split your ISA allowance between the two in any way you want.

Use the sliders below to see how much you would be able to save into an investment ISA this tax year, based on how much you have already saved/are planning to save into a cash ISA.

Cash ISA Slider Icon

£0

Cash ISA

Stocks and
Shares ISA

Cash ISA Slider Icon

£15240

How your savings could grow

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Apart from making regular contributions to your ISA, your savings could continue to grow in the following ways:



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Invested in a range of assets

Your savings are invested in a range of assets, including stocks and shares. These investments are made with the aim of achieving higher long-term growth than you may get with a cash ISA.




Flexible savings

If you need to, you can increase, decrease or even cancel your payments whenever you want.

flexible savings



annual bonus

Annual bonuses

We aim to pay an annual bonus to our members, which is based on the performance of the investments. Once a bonus has been added to your ISA it cannot be taken away, although the payment of an annual bonus is not guaranteed.




Low-Medium risk fund

As our fund is invested in a wide range of assets, we carry a low-medium risk category. This means that we are aiming for smoother long-term growth. But remember, when investing your capital is at risk.

low medium risk

How much can I afford to save into an ISA?

The below calculator aims to help you to work out how much you could put into a savings plan after you have estimated how much of your monthly income you spend on essential and non-essential purchases.


Monthly income (after tax):

Monthly wage

Other

Total

Essential monthly expenditure:

Mortgage/Rent:


Food and drink:


Household utility bills:

Travel:


Childcare & school fees:


Other essentials:

Essential Expenditure:

£0

Left over:

£0

Other expenditure:

Use the two sliders below to help decide how much of your disposable income you think you would be likely to spend on luxuries i.e. meals out. This will automatically adjust the second slider so that you can see how much you might have left over at the end of a typical month, which for example could be put into one or more savings accounts.

Luxuries

Luxuries

It seems as though your monthly expenditure is more than or equal to your income, please adjust the figures

Savings plan

Savings plan

It seems as though your monthly expenditure is more than or equal to your income, please adjust the figures

How much you could save

The below figures aim to give you a general idea of what you might be able to spend and save in a typical month, based on the information you have provided.

£0

Essential expenditure

£0

Luxuries

£0

Savings


How do you open a Shepherds Friendly ISA?

The easiest way to open a Shepherds Friendly ISA is to follow our simple online application process




Find out more information about the Shepherds Friendly ISA, including the key features and how your child’s money would be invested




Alternatively, you can open a Shepherds Friendly ISA by calling our Customer Services team on 0800 526 249


Get in touch

Are you still not sure? Just fill in the form below and we will send you some more information about our ISA for you to read when you get the chance. We’ll send you some information about your other tax-efficient savings options too, but don’t worry, we won’t fill up your inbox with spam or share your details with anyone else!