SAGA STOCKS & SHARES ISA

Start small, think big

Saga Investments is designed to make your money work harder. It’s simple to get started and you can rely on support from our friendly team every step of the way.

If you’ve not invested before, you might like to start with small steps. You can get up and running with an investment of just £100. And if you're happy to invest more, you can put up to £20,000 in your Saga Stocks & Shares ISA during the current tax year. That’s the current ISA annual allowance (set by the Government), and it's possible to pay into multiple ISAs, subject to an overall limit of £20,000 per tax year.

Pick a ready-made portfolio

We offer three ready-made investment portfolios. So, unlike with some other providers, you needn't invest too much time or effort getting started. Take your pick from our Cautious, Balanced or Adventurous portfolios to suit your goals and risk appetite. You can see how our portfolios have performed since we launched Saga Investments.

Exclusive to Saga, the portfolios are carefully created and managed by our trusted partner HUB Financial Solutions Limited. Please note our service doesn't include financial advice. If you're not sure what's right for you, it’s best to seek advice.

Look forward to tax-free perks

One of the major benefits of ISAs is that you don’t pay any income tax or capital gains tax on your gains. As this also applies to stocks and shares ISAs, you won’t lose any of your returns to the taxman! Thanks to your annual ISA allowance, you can save or invest up to £20,000 each tax year.

Glide towards your goal

If you're investing with a specific goal in mind, that’s at least five years away, you could opt into our exclusive Glide Path feature. Unique to Saga Investments, we designed it to help customers like you.

As your goal gets closer, Glide Path takes care of reducing your portfolio risk level. This lowers the risk of your money dropping in value before you want to use it. And it’s our way of helping you get the most from your investment.

You can choose Glide Path when you first invest. And you can switch it on or off at any point in the future. Find out more about Glide Path.

Enjoy simple ways to pay

There are three ways to put money into your Saga Stocks & Shares ISA. And thanks to your annual allowance, you can put a total of £20,000 into your various ISAs each year.

One-off sum - Pay in a minimum of £100 up to £20,000 during this tax year.

Regular payments - Pay in a minimum of £100 per month up to £20,000 this tax year.

Whenever you like - Invest lump sums of £100 or more from time to time. When you deposit little and often, it can be surprising how much you could build up over a period of time.

Easily transfer another ISA

It’s simple to transfer some or all of the money from another ISA provider to a Saga Stocks & Shares ISA. Simply follow these steps:

1. Join Saga Investments

Joining Saga Investments is free. We won't charge you for transferring your old ISAs to us or for making contributions or withdrawals. Only once we start managing your ISA will charges apply, which will be automatically deducted from your account.

2. Tell us about your old ISAs

When opening your Saga Investments account, you have the option to add a transfer. If you already have an account, just select ‘Transfer In’ under ‘More Options’ and enter your other ISA details.

3. Leave the rest to us

We'll request the transfer from your other ISA provider. We aim to complete transfers within two to four weeks. If there are any delays, we’ll chase things for you.

Before you consider transferring an ISA, you should look out for any guarantees or exit charges.

Add and withdraw flexibly

Unlike some ISAs, ours is flexible. This means if you decide to withdraw some of the money you’ve invested, you can replace it in the same tax year. For example, if you pay in £20,000 and then withdraw £10,000 in the same tax year, you can invest a further £10,000 before the end of that tax year.

Manage your account 24/7

Once you open your Saga Stocks & Shares ISA, you can access your account 24/7. This means that at any time of day or night you can:

• Check how your investment is performing.
• View all your important documents.
• Add, withdraw or transfer funds.

You can also call us on 0800 302 9755 (Mon-Fri, 9am to 5pm) if you want to:

• Switch to another ready-made portfolio.
• Turn the Glide Path feature on or off.
• Change your account details.

Provided by trusted partners

We hand-pick outstanding partners to provide the best financial services for you. Saga Investments is provided jointly by HUB Financial Solutions Limited and Hubwise Securities Limited (Hubwise). Each takes care of different parts of the service. Hubwise provides the Saga Stocks & Shares ISA, while HUB Financial Solutions designs and manages the portfolios.

Fair and clear fees

There’s no up-front fee for opening a Saga Stocks & Shares ISA, and no exit fee if you take your money out. The total annual cost is up to 0.75% per year of the overall value held within the Saga Stocks & Shares ISA. So, if your ISA had a value of £10,000, the total cost for the whole year would be up to £75.

The fees and charges are collected automatically - you don't need to do anything. You’ll receive a full up-front breakdown of the fees and charges you’ll pay in the ‘Illustration of Costs and Charges’ document when you open a Saga Stocks & Shares ISA.

For further information about the fees and charges, including how they’re calculated and collected, please see the Frequently Asked Questions and the Saga Investments Terms & Conditions.

Eligibility

To open a Saga Stocks & Shares ISA, you must be:

• Over the age of 18.
• Resident and ordinarily resident in the UK for tax purposes. This includes Crown servants, or the spouses or civil partners of Crown servants working overseas. We are not able to provide Saga Investments to US persons.

How your money is protected

HUB Financial Solutions, Hubwise and the providers of the funds you hold within your Saga Stocks & Shares ISA are covered by the Financial Services Compensation Scheme (FSCS). This protects customers against financial services firms that have failed.

In the unlikely event that any of these companies can’t meet their obligations, you may be entitled to compensation from the scheme. The maximum amount is £85,000 per person, per firm.

The FSCS does not cover losses for poor investment performance. The nature of investments means their value can go down as well as up. For more information, visit the FSCS website.

The information provided on this website should not be taken as a recommendation, advice or forecast. Tax paid depends on your personal tax position. Tax rules are subject to change by the UK Government. 

Hubwise Securities Limited (FRN 502619) is authorised and regulated by the Financial Conduct Authority, is an ISA Plan Manager (HMRC ISA Plan Manager Z1723) and a Member of the London Stock Exchange