Frequently asked questions
What investment plans can I take out from VitalityInvest?
- Stocks and Shares ISA - Invest across a range of funds with a flexible, tax-efficient plan.
- Junior ISA - A Stocks and Shares ISA to build up a tax-free savings pot for your child.
- Retirement Plan - Get tax relief on your contributions, enjoy flexibility in how you take your money at retirement. The VitalityInvest Retirement Plan is only available through financial advisers.
How much you can invest this tax year?
- ISA: £20,000
- Junior ISA: £4,368
- Pension contributions: currently up to £40,000 per annum, although some investors may be able to carry forward tax allowance from previous tax years. A lower limit may apply for high earners and people in draw down. Consult a financial adviser for more information.
Her Majesty’s Revenue and Customs (HMRC) tax rules and the eligibility to invest in an ISA, Junior ISA or personal pension depend on your personal circumstances. All tax rules may change in future.
What transactions can I make online?
Will I receive anything in the post?
Do I need a financial adviser to take out a VitalityInvest plan?
Can you give me advice on what plan I should take out?
What makes VitalityInvest different?
We offer three unique ways to boost your investments
- Investment Booster - Get extra money on top of returns every 5 years, when you invest in eligible funds. You could get an extra 15% over 25 years
- Healthy Living Discount - Take steps to be healthy and you could pay no product charge at all
- Retirement Booster - Invest in eligible funds and boost your Retirement Plan by up to 50% of what you draw down each year.
How can I track the value of my investments?
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.