| Legal and General - Stocks and Shares ISA (Investment ISA) |
| Invest early and make every day count with Legal & General. Invest at least £3,600 in any of our eligible stocks and shares ISAs before 30 April 2010 to enjoy more tax-efficiency and growth potential. Plus 50% back on your 2010 annual management charge. |
| Location: UK |
Advantages:
1. You choose the trust(s), and the amount you want to invest.
2. You can apply online, by phone or request a pack.
3. You can invest more of your money tax efficiently. Take advantage of your full £7,200 ISA limit. Currently you can only invest up to £3,600 of your ISA limit into a cash ISA but you can invest the remainder or your whole £7,200 limit into a stocks and shares ISA.
4. If you’re 50 or over on or before 5 April 2010, you can invest up to £10,200 into a stocks and shares ISA.
5. As of 6 April 2010, everyone’s ISA allowance will increase to £10,200.
6. Potential for higher income or growth from your moneythan a cash ISA.
7. Investing in a stocks and shares ISA as well as a cash ISA allows you to diversify your investment portfolio. While your cash ISA may provide you with the security of your initial investment, stocks and shares ISAs have the potential forhigher returns, although they do carry an element of risk.
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Disadvantages:
1. Both capital and income values may fall as well as rise and are not guaranteed.
2. You may not get back all the money you invest.
3. The value of the tax advantages will depend on your individual circumstances and the tax assumptions we've used are those currently relevant. However tax laws can change over time and can affect your investment.
4. You can transfer from a cash ISA to a stocks and shares ISN, but not from a stocks and shares ISA to a cash ISA.
5. If you withdraw some or all of your ISA investment, you are not able to make any further payments to that ISA in the same tax year, unless you have some unused allowance.
6. Extra expenses apply |
Services:
If you have an existing stocks and shares or cash ISA with a different provider, you can transfer it to Legal & General. |
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| AER Rate: Dependent on trust |
| Interest Paid: Monthly |
| Notice Period: 14 days |
| Min Deposit: £500 |
| Max Deposit: £7,200 a year |
| Initial Fee: N/A |
| Exit Fee: Apply to confirm |
| Annual Management Fee: 0.40% - 1.90% |
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Products:
1. UK 100 Index
2. UK Index
3. European Index
4. US Index
5. Pacific Index
6. UK Alpha
7. Pacific Growth
8. Growth
9. UK Active Opportunities
10. European
11. North American
12. Japanese
13. Global Growth
14. Worldwide
15. Multi Manager Growth Trust
16. Fixed Interest Trust (Corporate Bond)
17. High Income Trust
18. Managed Monthly Income
19. Managed Income
20. Asian Income Trust
21. Multi Manager Income Trust
22. UK Property
23. Equity
24. Multi Manager Balanced Trust |
Suitable For:
Experienced investors |
Conditions:
1. You cannot transfer your existing ISA into some trusts.
2. You are not able to take out a stocks and shares ISA with another manager in the same tax year.
3. You can switch between trusts available within your ISA. |
Restrictions:
1. You can invest up to £7,200 a year without having to pay any personal income or capital gains tax on any return you may receive.
2. ISAs are designed as medium to long term investments of, for example, five years or more.
3. You must be 18 years or over.
4. You must be a resident in the UK.
5. ISA's can only be held in single names |
Introductory Offer:
Get 50% of the annual management charge back when you invest a minimum of £3,600 before 6 April 2010. |
Terms and Conditions:
Minimum monthly payment of £50.00
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