• £10,200 annual ISA allowance.
• FREE from capital gains tax (CGT).
• No further Income Tax liability on income received.
• Interest paid gross on Gilts, Bonds and PIBs.
• Dividends paid gross on some Exchange Traded Funds/Commodities.
• Property Income Distributions (PIDs) from REITs are paid gross.
• Quarterly income service available.
• Transfer-in existing ISAs (inc Cash ISAs) ∼ save fees.

The risk of your ISA will largely be determined by the stock market investments you wish to put into it, as defined by your attitude to risk and your investment objectives.

Do you opt for a Cash ISA or go for the higher risk/higher expected return Stocks and Shares ISA? Whilst Cash ISAs can be attractively simple, your hard earned money is still at risk of inflation and offers little in the way of real growth prospects. The potential of the stock market is much greater - despite frequent rises and falls, over the long-term shares have consistently outperformed cash.

If you are nervous of today's volatile markets, there are a variety of safer investment options available and you can even hold cash now and move it into the markets later, when you feel more confident.

The risk is that you fail to use your current annual allowance as you cannot make subscriptions for retrospective tax years.

The annual administration charge is £60 + VAT.

If you have ISA accounts held with other providers you can opt to transfer these accounts to Redmayne-Bentley with nothing additional to pay on your annual fee.*

* Your current provider may charge an exit fee.