Standard Life's ISA - Easy option
Standard Life Savings Limited's Easy option could be a good choice if you're new to investing or want to save time choosing investment funds.
- Start investing from £50 a month or a £500 lump sum
- Invest up to £20,000 in 2020/2021- tax-efficiently
- Let the team at Aberdeen Standard Investments manage your investments for you
What is our Easy option?
This option allows you to select from one of the MyFolio Index Funds. The MyFolio Index Funds invest in funds which are run by the team at Aberdeen Standard Investments. If you're looking for an easy, tax-efficient way to invest for five years or more, this could be a good option for you.
It's easy to change your investments in the future. If you select our Easy option you can still choose funds from the Do-It-Yourself range if you want to.
Why select our Easy investment option?
Start by making one simple decisionSimply choose which MyFolio Index Fund is right for you based on your attitude to risk.
Managed by Aberdeen Standard InvestmentsThe team at Aberdeen Standard Investments will decide what your MyFolio Index Fund should invest in, and when, based on your chosen level of risk. And they’ll make sure it doesn’t take any more or less risk than it should.
Manage your ISA 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 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 you decide to apply for our ISA remember that unlike a bank account or Cash ISA it’s an investment. The value of your investments can go down as well as up, and may be worth less than you paid in. Laws and tax rules can change. The information given here is based on our understanding in April 2020.
Apply online in minutes:
- Decide how much you want to invest
- Choose how much or how little risk you want to take
- Tell us about any ISAs you'd like to transfer over
Things to think about before you decide to 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
Which investment option is right for you?
|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.|
|2020/2021 ISA allowance||
If you want to change from the Easy to the DIY option, you can. With our ISA, both investment options are available to you if you want them.
Not sure which option is right for you?
With the Standard Life ISA you can choose to have Aberdeen Standard Investments manage the investments for you or you can pick the funds yourself. If you're unsure which is right for you, our article could give you a little help.
This ISA is arranged through and provided by Standard Life Savings Limited.