If you’re looking for an Individual Savings Account you may be wondering what Prudential ISA products are currently available, at present Prudential offer a Stocks and Shares ISA but do not offer a Cash ISA. Whether looking for a cash, stocks and shares or both kinds of ISA it can be a good idea to shop around providers to try and find the top deal that fits your needs. You can use the comparison table above to view a selection of different ISAs from various providers and click the links to apply:
The Prudential ISA has two features - Investment in a life insurance policy which allows investors access to the 'PruFund' funds as well as investment in Open-Ended Investment Companies (OEICs) through the OEIC Fund option. There is a selection of funds with both plans and you have the choice of investing in or both options.
There are two distinct categories of ISAs available in the UK: Cash ISAs and Stocks & Shares ISAs these differ considerably from each other. ISA rules permit each eligible person to open only one or both type of ISA each tax year; you cannot have more than one of each kind of ISA however. As you only get one ISA allowance if you do decide to open both types of account you will need to break it up between the two, you can do so however at a ratio of your choice, providing you do not exceed the limit e.g. 40% in the Cash ISA and the remaining 60% in Stocks & Shares.
It is possible to transfer an ISA to another provider, however you may incur a penalty of interest for doing so. This means while shopping around after taking out an ISA can be a good idea to get a better deal, you should work out if any penalty you might receive would actually negate the potential benefits of moving.
13th March 2019
Do you need a nudge to encourage you to keep going to the gym, or for a regular run? How about lower admin fees on your ISA? Your health is as important to how much you will enjoy your retirement years as your future income. A new ISA provider reckons it makes sense to link the two together.
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