Our Do-It-Yourself option could be a great choice if you want to choose from a wide range of funds.
- Start investing from £50 a month or a £500 lump sum
- Invest up to £20,000 in 2019/2020 - tax-efficiently
- Freedom to choose from thousands of investment funds from leading fund managers
What is our DIY option?
It's a Stocks & Shares ISA that gives you investment flexibility. Choose from thousands of funds from many of the leading fund managers in the market. If you're looking for a tax-efficient way to invest for five years or more, this could be a good option for you. If you're a confident investor you’ll be able to find what you’re looking for quickly and easily.
Looking for a simpler choice of investments? Take a look at our Easy option.
It’s easy to change your investments. If you choose our DIY option you can still pick MyFolio Index Funds from our Easy option if you want to.
Why select our DIY option?
Better dealsWe've negotiated deals with leading fund managers so you have access to funds with competitive charges.
All the latest information at your fingertipsKeep an eye on your investments using the latest fund prices, performance information and factsheets.
Manage your account onlineCheck in on your ISA as often as you like, using your laptop, tablet or mobile. View your latest statements, manage regular payments, top up and more.
Reach your ISA limit and keep on investingYour ISA comes with a Personal Portfolio, so if you've used up your ISA allowance you can easily continue investing.
Access your moneyWe’ve made it easy for you to withdraw your money should you need it. You can keep your money with us for as little or as long a time as you like. In exceptional circumstances it could take longer to sell your investments.
Keep cash in your ISAYou’ll get a cash account as part of your ISA so you can hold some or all of your £20,000 allowance in cash.
Pass it on and keep the benefitsSurviving spouses or civil partners can inherit your ISA tax benefits if you die.
When deciding to open an ISA remember that unlike a bank account or Cash ISA this is an investment. The value of your funds can go down as well as up, and may be worth less than you paid in.
Apply for your ISA in minutes
- Decide how much to invest
- Choose the funds you want to invest in
- Tell us about any ISAs you'd like to transfer over
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.
Remember, your ISA is an investment which can go down as well as up in value and may be worth less than was paid in.
Which investment option is right for you?
The DIY option could be for you if you want to choose from a wide range of funds and are confident about making your own investment decisions.
You’ll need to:
- Understand your savings goals and how much investment risk you’re prepared and able to take.
- Choose the types of fund you want to invest in to help you meet your goals.
- Regularly review and monitor your funds to make sure they’re still appropriate for your goals and how much risk you're prepared and able to take.
If DIY isn’t for you, our Easy option offers a simpler choice of investments.
|Our Easy investment option||Our DIY investment option|
|Choosing where to invest||Choose a MyFolio Index Fund based on your attitude to risk.||You choose from thousands of investment funds.|
|Risk||The team at Aberdeen Standard Investments will make sure that your fund doesn't take any more or any less risk than it should. You need to make sure you regularly review your risk level to check the fund continues to match how much risk you're prepared and able to take.||You need to make sure you regularly review your investments to check they continue to match how much risk you’re prepared and able to take.|
If you want to change from the DIY to the Easy option, you can. With our ISA, both investment options are available to you if you want them.
Laws and tax rules may change in the future. The information here is based on our understanding in April 2019. Personal circumstances also have an impact on tax treatment.
This ISA is arranged through and provided by Standard Life Savings Limited.