Transfer any Cash or Stocks & Shares ISAs you have with other companies to Standard Life where they’ll be held in a Stocks & Shares ISA.
The good news
- You’ll keep your tax benefits if you move over via ISA transfer.
- You could save money by having just one account.
- There’s less paperwork to manage.
Things to consider before you transfer
- There could potentially be a loss of income and growth while the transfer is pending.
- Check if the company you’re transferring from will charge you for this.
Remember, your ISA is an investment which can go up or down in value and may be worth less than was paid in.
Looking to transfer ISA tax benefits following the death of your spouse or civil partner?
Where an ISA holder died on or after 3 December 2014, the surviving spouse or civil partner can now inherit their ISA tax benefits. This will be in the form of an additional permitted allowance equal to the value of the ISA at the holder’s death and will be in addition to your own ISA allowance.
If you want to use this additional ISA allowance please call us:
Why Standard Life?
- There’s no set-up fee
- We don’t charge extra for switching funds.
- You’ll have easy access to your account using our online services or mobile app.
Always arrange an ISA transfer instead of making a withdrawal. That way you won’t lose your tax benefits.
Choose the ISA investment option that's right for your transfer
|ISA – our easy option||ISA – our do-it-yourself option||ISA – keep the same investments (where available)|
|Choosing where to invest||It's easy – you just need to choose which MyFolio Managed Fund is right for you based on your attitude to risk.||You choose from over 2,500 investment funds.||No change to the fund(s) you had in your old Stocks & Shares ISA.|
|Risk||The experts 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.||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.|
|2016 – 2017 ISA allowance||£15,240||£15,240||£15,240|
|Apply online for our easy option ISA and tell us about any ISAs you'd like to transfer over.
||Apply online for our do-it-yourself option ISA and tell us about any ISAs you'd like to transfer over.
||Your existing provider will need to transfer your ISA in cash if you apply online. To transfer your funds you’ll need to call us. You can only keep the same investment where we offer the same funds.|
It’s easy to move between the easy and DIY investment options later if you want to.
If you already have an easy option or DIY option ISA with us, it's easy to transfer – you just need to tell us
- The name of the company you’d like to transfer from
- Your account or client number with the other company
- Roughly how much you have invested with the other company
- How you want to invest the monies with us
We’ll ask you to sign a transfer-in form and send it to us.
If you’re opening your first ISA with Standard Life, it’s easy to apply online.
If you are in any doubt about transferring your ISA speak to a financial adviser. There will likely be a cost for this.
Charges are not guaranteed and may change in the future.
Laws and tax rules may change in the future. The information here is based on our understanding in April 2016. Personal circumstances also have an impact on tax treatment.
This ISA is provided by Standard Life Savings and is arranged through Standard Life Client Management.