Stocks & Shares ISA

Save up to £20,000 a year tax-free with a range of investments, and manage it all yourself with our online tools

Why choose a Willis Owen ISA?

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Tax-free income and gains
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Get started with as little as a £25 contribution
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A wide range of funds, shares, investment trusts and ETFs
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View your portfolio 24/7 on our easy to use and secure platform
Defacto Rating 2020
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What is an ISA?

A stocks & shares Individual Savings Account (ISA) provides a flexible way of investing up to £20,000 per year (2020/21). You don’t pay income or capital gains tax on any money your investments make and can choose from a wide range of funds, shares, investment trusts and exchange traded funds.

What is a flexible ISA?

The Willis Owen ISA is a flexible ISA. This means that if you take money (either as a cash withdrawal or from your income payments) from your account, provided you put it back during the same tax year, replacement of the money won’t count against your annual ISA allowance. For example, if you contribute £5,000 into your ISA and withdraw £4,000 in the same tax year, you can contribute a further £19,000. This will allow you to replace the £4,000 you withdrew before starting to use what’s left of your current year ISA allowance.

How much can you invest?

You can start investing from as little as £25, either as a lump sum or regularly. There's a limit on how much money you can pay into ISAs every year. For the 2020/21 tax year, the ISA allowance is £20,000 and this is shared across all ISAs you pay into during the year (including cash ISAs).

Is an ISA right for you?

Right for you if:
You want tax-free income and capital gains
You're comfortable with the risk involved
You're over 18 and a UK resident (for under 18's, see Junior ISAs)
Wrong for you if:
You need your money in the short term
You’ve used up your ISA allowance already
You’ve already paid into a stocks & shares ISA this year (and don’t want to transfer it).

Fees explained

When investing you will pay a Willis Owen service fee as well as investment charges. If you invest in more specialist things like shares, investment trusts and exchange traded funds, you may also pay trade fees and government levies. Further details of all costs and charges can be found below and include VAT where applicable.

You can get an idea of how much you might pay in fees by using the ‘Charges estimator’.

Why choose a Willis Owen ISA?

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Tax free income and gains
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Get started with as little as a £25 contribution
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A wide range of funds, shares, investment trusts and ETFs
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View your portfolio 24/7 on our easy to use and secure platform
Feefo logo Defacto Rating 2020 Feefo logo Defacto Rating 2020