• ISA savers will be able to invest in two separate ISAs each tax year; a Cash ISA and a Stocks and Shares ISA. These do not have to be invested with the same ISA provider. Mini and Maxi ISAs will no longer exist;
• The annual ISA investment allowance will be increased to £7,200. You can invest up to £7,200 in a Stocks and Shares ISA or, alternatively, up to £3,600 of that allowance can be saved in a Cash ISA with the remainder being invested into a Stocks and Shares ISA;
• All Personal Equity Plans (PEPs) will automatically become Stocks and Shares ISAs.
• Individuals will be able to transfer money saved in their Cash ISA to their Stocks and Shares ISA.




For further information please click here




Downloads

• ISA Application form
  (PDF 342KB)
• ISA Transfer Application form
  (PDF 239KB)
• Direct debit
  (PDF 45KB)
• Simplified prospectus and customer agreement
  (PDF 576KB)
• Identity verification certificate
  (PDF 725KB)
• Protecting your personal information
  (PDF 1.5MB)

An ISA is a medium- to long-term investment which can be used to generate income, provide tax-free capital growth, or a combination of both. An ISA is made up of investments in different components.

AEGON Asset Management offers the stocks and shares component which provides you with the opportunity to invest up to £7,200 in Stocks and Shares each tax year. If you invest in a Stocks and Shares ISA you will not be able to purchase another Stocks and Shares ISA from a different company for the rest of the tax year.

For further information on how to do this you can contact our Investor Helpdesk.