Important Information

Your Investment Choices At A Glance

From 1 July 2014 ISAs were be reformed into a simpler product, the ‘New ISA’ (ISA), with an overall limit of £15,240 per year. The government has also abolished the rule that states that only half can be saved in cash. Please see the attached Factsheet for more information.

ISA

ISA
Lump sum investment Minimum £1,000
Maximum annual level set by HMRC*
Regular investment £100
(With initial lump sum of £1,000)
Dividend options Choice of pay away or re-invest
Transfer of existing ISA's Stocks and shares or Cash ISA:
only cash transfer accepted
(Minimum £1,000)

* For current NISA allowance levels please visit http://www.hmrc.gov.co.uk/isa

SHARE PLAN

SHARE PLAN
Lump sum investment Minimum £250
No maximum subscription
Regular investment Minimum £50
(With initial £250)
Dividend options Choice of pay away or re-invest
Transfer of existing ISA's N/A
Share Plan has none of the tax advantages of an ISA, but it does offer more affordable lump sum and regular investments. There is also no annual management fee and no upper limit in the amount you can invest or on the profits you can receive.

Whichever option you choose, the value of your investment can go down as well as up and you may not get back the full amount you have invested.

How Do I Invest?

Once you’ve decided which investment option is best for you – Stocks & Shares ISA or Share Plan – you just need to fill in the appropriate application form(s) and send them off along with your personal cheque. Please note that investors must be 18 or over and resident or ordinarily resident in the UK or a Crown employee serving overseas or married to a Crown employee serving overseas.

Further lump sum investments may also be made by debit card (Switch or Delta) by telephoning 03458 500181.

WHAT ARE THE CHARGES?

ISA SHARE PLAN
Initial Charges * ISA £30 SHARE PLANN/A
Half Yearly Management Charge
(Charged April and October) *
ISA 0.25%
(0.5% per annum.
Max £50 per annum)
SHARE PLANFREE
Government Stamp Duty on Purchases ISA 0.5% SHARE PLAN0.5%
Cash Withdrawals via BACS * ISA FREE SHARE PLANFREE
Stock Withdrawals * ISA £20 SHARE PLAN£20
Transfer out to another provider * ISA £35 SHARE PLAN£35
Void account * ISA £65 SHARE PLANN/A
* These charges are subject to VAT at the prevailing rate.

How Are My Shares Purchased?

Shares will be purchased for you on the stock market on the first available dealing day at the market price.

Upon receipt monies will be invested on the next normal dealing day. Investments are normally dealt daily and any cash balance of at least £1 held on your behalf attracts interest at HSDL’s prevailing rate.

DEALING CHARGES?

VALUE OF EACH SALE TELEPHONE ONLINE ** (Sales only)
Up to £5,000 ISA £25 SHARE PLAN£11.95
£5,001 to £50,000 ISA £50 SHARE PLAN£11.95
£50,001 to £100,000 ISA £75 SHARE PLAN£11.95
Over £100,001 ISA 0.10% SHARE PLAN£11.95

** When you register for online services at http://www.halifax.co.uk/online
Purchases including dividend investment – FREE
All information, limits and charges are correct at the date of publishing but may change in future