With our do-it-yourself option ISA, you'll be able to choose from a wide range of funds.

  • No additional charge for switching funds
  • Access to thousands of funds

For your overall charge, you'll get:

  • Access to thousands of  funds from Standard Life Investments and other leading fund managers, covering different asset classes, regions and investment styles
  • Free withdrawals. This could impact your potential returns and you won’t be able to reinvest if you’ve used up your ISA allowance
  • Phone support
  • Online access

With no extra charge for all of this:

  • Transferring your old ISAs in
  • Administrative changes to payment amount
  • Setting up your account
  • Any changes to your account

How is your overall charge calculated?

 

Total fund charge

+

Platform charge

=

Overall charge

 

This is what a fund manager charges each year for investing in a fund.

 

This is the charge for the services we provide to you.

 

This is total of the platform charge and the total fund charge. The overall charge does not include the cash management administration charge.

Skip to a full description of all our charges


Charges depend on where you choose to invest. Charges are not guaranteed and may change in the future.

Download important information

ISA key features Information on the key features of our ISA. Including main features, benefits and risks.

 ISA Key features (PDF, 1.5MB)

ISA Terms and Charges (PDF, 1.5MBYou can find full details of all charges and terms in the Wrap Services Terms and ISA Terms.

 Wrap Services Customer Terms and Charges (PDF, 1.5MB)

 ISA Terms and Charges (PDF, 1.5MB)

Full description of all our charges

Total fund charge

This is what a fund manager charges each year for investing in a fund. It’s made up of the annual management charge plus any additional expenses which apply. View our ISA fund range for information on individual fund charges.

  • Annual management charge
    A charge applies to money invested in funds to cover the costs of running them. This is known as the annual management charge (AMC) and is shown as an annual rate. The AMC is deducted from each fund on a daily basis, which has the effect of reducing its unit price. The AMC is sometimes referred to as the fund management charge (FMC).
  • Additional expenses
    These may be deducted from some funds. They include items such as custodian, third party administration, trustee, registrar, auditor and regulator fees. Where a fund invests in other underlying funds, they may also include the underlying management charges. As the additional expenses relate to expenses incurred during the fund management process, they’ll regularly increase and decrease as a percentage of the fund, sometimes significantly. The additional expenses figure shown is the annual rate of the charge. Where additional expenses apply, they are taken into account when the fund's unit price is calculated each day.
    If a performance fee applies to a fund, it is included in the additional expenses figure retrospectively.

Platform charge

This is what we charge each year for the services we provide to you, including making and switching investments, providing information about your investments and phone support. The charge depends on the value of your platform eligible assets held in your account.

Annual equivalent rate of the charge

Value of your platform eligible assets Annual platform charge for platform cash account, ISA and Personal Portfolio
(deducted for each band)
On the first
£0 - £99,999.99
0.60%
On the next
£100,000 to £249,999.99
0.55%
On the next
£250,000 to £499,999.99
0.50%
On the next
£500,000 to £749,999.99
0.45%
On the next
£750,000 to £999,999.99
0.35%
£1,000,000 + 0.30%

Overall charge

This is the platform charge plus the total fund charge. The overall charge does not include the cash management administration charge.

Charges are not guaranteed and may change in the future.

They are reviewed regularly and we can alter them in accordance with our terms and conditions. More details are available in the Terms and Conditions .

Interest rates and charges for cash accounts

With our ISA you are automatically set up with three cash accounts. We may pay an interest rate on the cash held in these accounts. We apply a cash management administration charge (CMAC) for the administration of the cash held in these accounts. Different interest rates and CMACs may apply to each account. For more information on interest rates and CMAC.

You can find full details of all charges and terms in the ISA and Personal Portfolio Terms and Conditions and Wrap Services Customer Terms and Conditions.

Remember that unlike a bank account or Cash ISA this is an investment. The value of your fund can go up or down, and may be worth less than you paid in.

This ISA is provided by Standard Life Savings Limited and is arranged through Standard Life Client Management.


Apply for your DIY option ISA in minutes

  • Decide how much you want to invest
  • Choose the funds you want to invest in
  • Tell us about any ISAs you'd like to transfer over

Apply now 

Things to consider before you transfer your existing ISA

  • We don’t charge a transfer-in fee.
  • You may experience a loss of investment growth while the transfer is taking place
  • Check if the company you’re transferring from will charge you an exit fee

If you’re in any doubt about transferring your ISA speak to a financial adviser. There will likely be a cost for this.

It’s easy to change your investments in the future. If you open our DIY option ISA you can still choose funds from our easy option range if you want to.