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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.

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At a glance

Easy to start

Start 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 manage

Stop, 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 year

Take 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 transfers

Easy transfer of any existing ISAs, without it affecting your annual ISA allowance.

Why choose a VitalityInvest ISA?

  • Healthy Living Discount

    Up to 100% off product charges when you take the steps to be healthy.

  • Investment Booster

    Boost savings every 5 years - up to 15% over 25 years, on top of any growth. 

  • More rewards

    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.

*By holding one of these policies, you’ll automatically be a member of our healthy living programme:
  • VitalityHealth: Personal, Business or Corporate Healthcare plans with Vitality Plus
  • VitalityLife: Policies with Vitality Plus, excluding Vitality Core and Vitality Lite
Terms and conditions apply. 

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?

Product charge – tiered, so the more you invest, the lower the rate you pay. You could also reduce it with the Healthy Living Discount.

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.

Learn more

Your questions answered

Is there a minimum amount I need to open a VitalityInvest ISA with?

The minimum amount is £100 per month or a lump sum of £1,500.

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?

Any Vitality fund, from the Performer or Risk Optimiser range. The bigger your investment in these funds, the bigger the boost could be.

Can I change the funds my ISA is invested in?

Yes, any time you like. Contact your financial adviser, choose which funds you want to leave and which you want to join.

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.

Find out more about VitalityHealth and VitalityLife.

How long does it take to set up a VitalityInvest ISA?

Once we receive your money, we’ll get your ISA up and running, straight away.

When can I take my money out?

You can take some or all of your money out at any time, without charge. That money won’t be taxed. 

Can I set up an ISA for my child?

Yes, you can – as long as they’re under 18 and don’t have a Child Trust Fund account. If they do have a Child Trust Fund account, you can open an ISA if you transfer the Child Trust Fund account to the ISA at the same time.

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