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Stocks & Shares ISA

For flexible, tax-efficient investing

Whether saving towards something specific or building up funds for the longer-term, an ISA is the foundation for many investors.

There are four types of ISA. Cash ISA, Innovative Finance ISA, Lifetime ISA and Stocks & Shares ISA. Our ISA is the Stocks & Shares type, which means you invest your money to benefit from potential investment growth over the longer term.

There’s an allowance for how much you can put in across all four types of ISA each year. ISA allowances are individual.

ISAs shelter your savings from tax:

Invest up to £20,000 (2018/2019 tax year)

Access your money any time

No Capital Gains tax

No Income tax

Remember the value of your investments and any income from them can go down as well as up and you may get less than the amount you invested. All investments carry an element of risk which may differ significantly. Tax rules may change in the future and taxation will depend on your personal circumstances. If you are unsure as to the suitability of any particular investment, you should speak to a Financial Adviser. Laws and tax rules may change in the future without notice. The information here is our understanding in May 2018.


Is it right for me?

  • Looking to invest from a range of investments including funds, investment trusts, ETFs and equities
  • Looking to hold your investments in a tax-efficient Account
  • Willing to view these as medium to long term investments (5 years or more)
  • Comfortable with putting your capital at risk for the possibility of better returns
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Why invest with Alliance Trust Savings?

Flat Account fees that won’t grow with your investments. Please see our Charges Guide for more information on account fees

24/7 online access to your Account

Over 4,000 investments to choose from

Real-time trading in UK listed securities

Regular, monthly investing for just £1.50 a trade (Terms and Conditions apply)

Minimum investment of just £50

Find out more

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Four easy steps to open an ISA

1

Read the ISA Key Facts and our Charges Guide

2

Decide how much you want to invest

3

Choose your investments

4

Login to apply, or speak to your Financial Adviser

How much could your ISA be worth?

Use our savings tool to work out how much you might be able to save.
Use our savings TOOL


savings tool

FAQs and resources

What is an ISA

An ISA or Individual Savings Account is a wrapper that helps shelter your investments from tax and is designed for medium to long term investment (5 years or more). We offer a Stocks and Shares ISA which means that you can invest through funds, in shares directly or in a combination of both.


What is the ISA allowance?

The ISA allowance for the 2018/2019 is £20,000. Once you have opened your Account with us, you can check your ISA allowance usage through our online secure service.


Opening an ISA

Who can apply?

If you are 18 or over and resident in the UK you can apply for a Stocks & Shares ISA.

If you are not a UK resident you can still open an ISA if you are performing duties as a Crown servant overseas (for example, serving in the armed forces or a diplomat) or married to / in a civil partnership with someone who is.

You must hold your ISA in your own name and you can only pay in to one Stocks & Shares ISA, one Innovative Finance ISA, one Lifetime ISA or one Cash ISA each tax year.


Do you accept applications from the US?

We don’t accept applications by or on behalf of any US persons.


How do I open an ISA Account?

The quickest, cheapest and easiest way to open an ISA with us is online using our secure service. You can also apply by post by downloading our ISA application form or through your Financial Adviser.


Investing

How do I choose where to invest?

We can’t give you advice, but our Investing Hub is packed with research tools, ideas and information to help you when you’re making investment decisions.

If the fund you want to buy is not available, please let us know as we regularly review the funds we offer and make changes based on customer demand.


Paying In

What payment methods do you accept?

Debit card, direct debit (for regular payments) and cheque. We’ll send you a password and Personal ID to use on our secure online service, where you (or your adviser) can manage your account, including the payments you make.

You can set up regular monthly or quarterly payments online by direct debit at any time. Or by sending us your instructions by post by completing the ISA Instructions Form.


Transferring In

Can I transfer other ISAs to ATS?

Yes, you can transfer your Cash ISAs or other Stocks & Shares ISAs into a Stocks & Shares ISA with Alliance Trust Savings. We charge flat Account fees that don’t grow with your investments, making our charges very competitive for larger ISA pots.

Transfers from previous tax years won’t count towards your ISA allowance for this year. But if you transfer an ISA that you opened this tax year the amount you’ve already paid in to it does still count.

Your current manager might charge you for transferring. We may not offer the same investments they did so you could be out of the market for a time during the transfer process.


Charges

What are the charges?

We charge flat Account fees for our platform services. These are made up of monthly account fees to cover the basic ongoing cost to us of managing an account for you and charges for other services you may ask us to provide - buying and selling investments for example.

See our charges section for more information.


Keeping Track

How often will I get valuation and statements?

Four times a year and you'll be able to check the current value of your ISA online any time.


Forms and Documents

To view ISA literature and forms, simply click on the button below:

ISA literature

Alliance Trust Savings Limited is a subsidiary of Alliance Trust PLC and is registered in Scotland No. SC 98767, registered office, PO Box 164, 8 West Marketgait, Dundee DD1 9YP; is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, firm reference number 116115. Alliance Trust Savings gives no financial or investment advice.