Stocks and Shares ISA
Giving you more ways to grow your money
A Stocks and Shares ISA can be a great way to make the most of your ISA allowance. You can invest in the stock market tax-free, and get potentially higher returns than a cash ISA can offer. However, please be aware that you’ll be exposing yourself to higher risk too, and you could end up with less than your original investment.
Who can pay into an ISA?
You can only make a subscription to an ISA if you are a UK resident as defined by HM Revenue and Customs (HMRC), a Crown employee serving overseas, or married to or in a Civil Partnership with a Crown employee.
You can only make subscriptions to a Junior ISA if your child is a UK resident as defined by HMRC.
Any tax benefits you receive depend on your tax position as well as current tax law – both of which may change in the future.
Remember, the value of investments and the income from them can go down as well as up, meaning you may get back less than you invest.
At a glance
Easy to startStart a plan with regular contributions of £100 a month, or with a lump sum of at least £1,500. There’s no minimum amount for additional lump sums.
Easy to manageStop, start, increase or decrease regular contributions, and pay in lump sums at any time, up to your annual ISA allowance each tax year.
Flexible withdrawals within the tax yearTake money out and add it back in the same tax year without any additional charge, and it won’t affect your annual ISA allowance.
Simple transfersEasy transfer of any existing ISAs, without it affecting your annual ISA allowance.
Why choose a VitalityInvest ISA?
If you have a qualifying* VitalityHealth or VitalityLife policy, we could share even more. To help you stay healthy, we give you great partner discounts like 50% off health screenings and an Apple Watch for as little as £29.
- VitalityHealth: Personal, Business or Corporate Healthcare plans with Vitality Plus
- VitalityLife: Policies with Vitality Plus, excluding Vitality Core and Vitality Lite
Your allowances for tax year 2018-2019
- ISA: £20,000
- Junior ISA: £4,260
- Pension contributions: usually as much as you earn, up to £40,000. A lower limit may apply for high net worth earners and people in drawdown - for details, see pension rules.
What are the charges?
Fund charge - for the ongoing management of the funds.
Adviser charge – this is what we pass on to your financial adviser for providing you with advice relating to your plan.The amount is agreed between you and your adviser and not set by us.
Your questions answered
Is there a minimum amount I need to open a VitalityInvest ISA with?
What makes VitalityInvest's ISA different?
Like our other financial products, it’s designed to help you become more financially secure, and also help you get healthier.
- Investment Booster - which adds to the value of your ISA when you stay continually invested in Vitality funds for five years or more
- Healthy Living Discount on the product charge - if you also have a qualifying VitalityHealth or VitalityLife policy
Which funds do I need to invest in to be eligible for the Investment Booster?
Can I change the funds my ISA is invested in?
Do I need a VitalityHealth or VitalityLife policy to get the Investment Booster?
No. All you need to do is include Vitality funds in your VitalityInvest ISA for at least five years. But if you do have a qualifying VitalityHealth or VitalityLife policy, and take steps to be healthier, you could get a discount on the ISA product charge.
How long does it take to set up a VitalityInvest ISA?
When can I take my money out?
Can I set up an ISA for my child?
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