Help & FAQs

Glossary

  • Lifetime ISA

    A tax efficient Individual Savings Account where the government provide a 25% bonus on eligible first-time house purchases and/or upon reaching age 60. Lifetime ISAs may either be a cash or a stocks and shares ISA and the maximum yearly contribution is £4,000. Any unauthorised withdrawals will be charged at 25% from the 2018/2019 tax year.

Risk Warning

The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Selftrade does not provide investment advice. If you are in any doubt as to the risk or suitability of an investment or product you should seek advice from an independent financial adviser.

The extent and value of any ISA tax advantages or benefits will vary according to the individual's circumstances. The levels and bases of taxation may also change.

The extent and value of any SIPP tax advantages or benefits will vary according to the individual's circumstances. The levels and bases of taxation may also change. If your options change regarding an employer's pension scheme you may wish to review your financial situation. Once in a pension your money is only accessible, in general, from age 55.

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