Shepherds Friendly Stocks and Shares ISA offers a smart way to save TAX-EFFICIENTLY and we’ve now introduced a new and more flexible feature which allows you to invest regular monthly premiums from a minimum of £50 a month and/or lump-sum investments of a minimum of £500 at a time.

The Shepherds Friendly Stocks and Shares ISA lets you invest and enjoy savings growth that is free from income tax or capital gains tax, while allowing you access to your cash whenever you might need it.

Anyone over the age of 18 can invest in a Shepherds Friendly Stocks and Shares ISA provided they live in the UK and over the age of 18 years. You can currently invest up to a maximum of £10,200 in a tax year and anyone who has not already opened a Stocks and Shares ISA in this tax year should seriously consider doing so before the cut-off date of April 5th 2011, in order not to lose this valuable tax saving opportunity.

In the new tax year for 2011/2012 the maximum investment rises to £10,680 making the Stocks and Shares ISA an even more attractive proposition for savers seeking a reasonable return on their money.

Whether you opt for regular monthly investments, lump sums when circumstances permit or a mixture of both, your ISA will grow when it receives a share of the profits of the Shepherds fund and although there is no fixed term it should be considered as a medium or long term investment (of at least five years).

Applying for a Shepherds Friendly Stocks and Shares ISA is quick and easy and remember you can still have access to the cash you’ve invested at any time. You can also transfer any existing ISA’s you may hold with other providers to the Shepherds Friendly ISA; all you need to do is complete one simple transfer form and we’ll take care of the rest.

Flexibility, tax-efficiency and simplicity of opening make the Shepherds Friendly ISA well worth a closer look before the end of this tax year.