Individual Savings Accounts (ISA)
An ISA – or Individual Savings Account – is a tax-efficient way of investing. This is because you won’t pay income tax on any interest or returns you make. You can use a Stocks and Shares ISA to invest in different types of funds and give your money a chance to potentially grow. There is a limit to how much you can save into an ISA each tax year, which is called an ISA allowance.
No, you can instruct us to transfer an existing Stocks and Shares ISA and/or a Cash ISA to a Stocks and Shares ISA with us without any loss of tax status. We can’t currently accept a transfer from either an Innovative Finance ISA or Lifetime ISA.
Whilst we don’t charge you for transferring an ISA to us, it is important to check with your other ISA provider if any transfer charges apply.
abrdn’s financial planning and advice planners provide full financial advice, including specialist advice on retirement, tax planning, trusts, Wills and Power of Attorney.
We aim to help you achieve your financial goals and have confidence in your future.
Our people are professional, qualified and approachable, but most of all, they are truly passionate about doing the right thing for you.
More information about abrdn financial planning and advice.
If you’re new to financial planning and advice or just want to learn about our service, you can read our simple six stage process on our financial planning page
If you already hold existing investments from across the market, we will consider these when advising on you financial plan. In most cases, we’ll include them in our recommendations and if you take advantage of one of our ongoing advice services, we may continue to manage these investments for you as part of your overall financial plan.
When advising on new investments or products, we work with a carefully selected range of providers. We can recommend from a suite of options based on your individual needs and use our scale to secure the investments and products on our panel to get the better rates. This means we do not undertake whole of market research in all product areas as we prefer to specialise in the solutions we believe meet the majority of our clients’ needs. Therefore, as defined by the Financial Conduct Authority, our service is defined as Restricted not Independent.
The range of products and services we advise on has been thoroughly vetted and carefully selected to provide suitable options for a variety of circumstances – rest assured we will only recommend a product or investment option if we believe it is suitable for you, and the advice we give you will always be impartial.
The advice we provide is defined as ‘restricted’ by the Financial Conduct Authority as we don’t recommend products from the whole market. For our clients, what this means is that our range of solutions is restricted to a carefully selected panel of products and providers which match the services we offer and from there we work with the client to decide on which solutions are best for them.
If a client’s current products/providers/holdings are still right for them we will not change that. The advice we give will always be appropriate to meet their needs, goals and objectives.
A financial planner is a qualified expert who will take the time to understand your personal circumstances and goals, and use that knowledge to design a financial strategy that can adapt to changes in your life.
Financial planners have to gain specific qualifications over years of training, and continue to develop their expertise and keep up to date over time.
Our dedicated blog features articles about various issues that might affect your finances, including coverage of government Budget statements and law changes, to looking into trends and market reviews which might affect your investment performance.
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