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.
Maximum annual level set by HMRC*
(With initial lump sum of £1,000)
only cash transfer accepted
* For current NISA allowance levels please visit http://www.hmrc.gov.co.uk/isa
No maximum subscription
(With initial £250)
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?
(Charged April and October) * ISA 0.25%
(0.5% per annum.
Max £50 per annum) SHARE PLANFREE
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.
** 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