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Stocks & Shares ISA

from Legal & General

Allows ISA Transfers
Regular Savings
  • Protection Scheme: FSCS
  • Fund Choice: Managed, Tracker, Self-Select
  • Invest From: £20 per month or £100 single

Why we like it: Legal & General has over 9.5 million customers in the UK, and £983.3 billion of assets under their management (as at 31st December 2017). Their Stocks & Shares ISA offers a wide range of investment options, whether you want ready-made funds, low cost index trackers, or the ability to pick your own. You can invest up to £20,000 this tax year, with a low minimum of £100 lump sum or £20 per month, and you can manage your account easily online. Please remember the value of your investment and any income from it may fall as well as rise and is not guaranteed. You may get back less than you invest.

Fully Managed Stocks and Shares ISA

from Nutmeg

Allows ISA Transfers
Regular Savings
  • Protection Scheme: FSCS
  • Fund Choice: Fully Managed and Fixed Allocation Portfolios
  • Invest From: Min. £500 single (+ £100 pm for ISAs below £5,000)

Why we like it: Get an intelligent stocks & shares ISA portfolio - Choose a portfolio that's fully managed by our expert team or a fixed allocation portfolio. No tie-ins, no set-up fees, no exit charges. Easy, online set up in minutes. Start with as little as £500 (plus £100 per month for ISAs below £5,000). Portfolio management fees of 0.45%-0.75% up to £100k. 0.25%-0.35% beyond £100k. There are also underlying investment charges, see our fees page. Plus, live chat, amazing customer support and brilliant investor tools and guides. Authorised and regulated by the FCA. Capital at risk.

Investment Fund Supermarket ISAs

Vantage Stocks & Shares ISA

from Hargreaves Lansdown

Allows ISA Transfers
  • Protection Scheme: FSCS
  • Fund Choice: 2,500+ Funds
  • Invest From: £25 pm

Why we like it: Shelter up to £20,000 this tax year with the low cost, award-winning ISA. The UK's number 1 platform for private investors. 

Stocks & Shares ISA

from Fidelity

Allows ISA Transfers
  • Protection Scheme: FSCS
  • Fund Choice: 2,000+ Funds
  • Invest From: £50pm

Why we like it: Invest from as little as £50 a month or with a £1,000 lump sum. Investment choice from over 100 fund providers, giving you access to 2,000+ funds. One low-cost service fee of 0.35%*. Great service – from investment guidance on website through to UK-based phones team. PathFinder, Select 50, Investment Finder - investing tools for beginners to advanced investors. 24/7 access via online Account Management system. Capital at risk.

Important Information: * depending on how much you have invested

Investment Fund ISA

from AJ Bell

Allows ISA Transfers
  • Protection Scheme: FSCS
  • Fund Choice: 2000+ Funds
  • Invest From: £25 pm

Why we like it: It is simple to invest in a fund online. You will need to open an account first and then choose the fund you are interested in investing in. There are over 2,000 funds to choose from but to make it easier for you AJ Bell have created their favourite funds list which is their pick of the best funds.

Stocks & Shares ISA

from Charles Stanley

Allows ISA Transfers
  • Protection Scheme: FSCS
  • Fund Choice: 1,500+ funds
  • Invest From: £50 per month or £500 single

Why we like it: Invest through an award winning FTSE company, with extensive research and analysis and competitive charges. Choose from a range of investments including shares, funds, gilts, bonds, investment trusts and ETFs. Platform fee of 0.35%

Monthly Investing

Many ISA providers allow you to invest monthly. Nutmeg offer a simple ISA plan where you can set up different pots for different savings objectives e.g. house fund; children's saving fund where you can decide on the different risk levels you are prepared to take. For more information on how you can invest tax efficiently from £100 pm click here »

What is a monthly income fund ISA?

Monthly fund income ISAs offer a way to take a monthly income from your investments in a tax-efficient manner. They let you use your annual ISA allowance to invest in stocks and shares without paying tax on the return you receive.

The fund manager will invest your money with the goal of providing a regular income, rather than necessarily aiming for the highest possibly growth. This makes this kind of investment product popular with those who wish to use their savings to generate regular, dependable returns, such as retirees.

Monthly income fund ISAs usually use a diversified approach to investing, meaning some of your money may be in cash and some in stocks and shares. As the goal is to provide a regular income, fund managers will normally aim for relatively low risk investments.

However, as with any investment in stocks and shares, there is the potential for the value of the assets to go down as well as up which could harm your potential income.

Benefits of a monthly income fund ISA

By investing in a monthly income fund ISA, you can:

  • Use your saving to generate a regular, tax-efficient income
  • Limit your risk – fund managers for monthly income ISAs generally invest in dependable shares from companies with a good track record
  • Choose from a wide range of products to match the level of risk and return you are comfortable with

Alternatives to monthly income fund ISAs

If you are looking to see larger returns or want to put your savings into a longer term investment, there are various other investment ISAs you can choose from.

Popular investment ISAs include:

Growth ISAs – If you want to see bigger returns and don’t mind waiting longer to see them, a growth ISA may be a good choice. These typically have terms of 3-6 years and you usually won’t get anything back until the loan term ends.

Structured ISAs – Instead of investing in individual stocks and shares, a structured ISA is linked to the overall performance of an index such as the FTSE 100. This limits your risk but can result in lower returns than those provided by well-chosen stocks and shares.

Kick out ISAs – A kick out feature means your investment ISA has a chance to mature early if certain conditions are met. This can allow investors to hedge their bets as there are more chances for the fund to pay a return throughout its lifetime with the payouts generally getting larger the longer the fund runs.

ISA idea for tax free income

Best ISA Ideas For Growth


The opportunity for a high fixed tax free monthly income.

Maximise your 2018-19 allowance!

Invest from £3,000

Click here for more details...»

Important Risk Information:

This website contains information only and does not constitute advice or a personal recommendation in any way whatsoever. The value of investments and income from them can fall as well as rise and you may not get back the full amount invested. The tax efficiency of ISAs is based on current tax law and there is no guarantee that tax rules will stay the same in the future.

Different types of investment carry different levels of risk and may not be suitable for all investors. Please ensure that you read the Important Risk Information for further details. Prior to making any decision to invest, you should ensure that you are familiar with the risks associated with a particular investment and should read the product literature. If you are in any doubt as to the suitability of a particular investment, both in respect of its objectives and its risk profile, you should seek independent financial advice.

High Income ISAs

High income ISA ideas:

ISAs Products

Cash ISAs

Fixed Rate & Instant Access ISAs:

Cash ISAs: 

Stocks & Shares ISAs

Types of Stocks and Shares ISA include: 

Stocks and Shares ISAs

Latest News

ISA Savings Focus - A Potential 6% pa From Your Savings

14th August 2018

Although inflation over the last couple of months has fallen slightly to 2.50%, this is still much higher than you can get from many traditional savings products, such as fixed rate bonds. And if you take a look at a range of Cash ISA rates on offer, the options are even worse as these savings rates are generally much lower than their non-ISA equivalents.

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