Key benefits:
- Flagship With Profits fund
- Potential for real capital growth
- One-off withdrawals of £500+ at any time
- Tax efficient savings
For a limited time only we are waiving
initial charges on the Wesleyan With Profits ISA if you transfer over
£10,200 from other providers before 1 October 2010.
The Wesleyan With Profits ISA is a stocks & shares ISA
which accepts new investments and transfers into Wesleyan’s
flagship With Profits Fund. It offers the potential for real
capital growth with the tax advantages of ISAs, whilst allowing for
one-off withdrawals of £500 or more at any time.
The current ISA annual allowance is £10,200 for all
investors.
*For the fifth year running, Wesleyan was awarded 10 out of 10 from
Cazalet Consulting’s latest analysis of With Profits providers. We
are the only life office to have secured top marks for five
consecutive years, setting a new precedent in Cazalet
rankings.
Please remember that past performance is not a guide to future
performance.
Who can invest?
This product is designed for investors who are prepared to accept a
limited degree of fluctuation in the value of their investment in
return for the potential of real capital growth.
You must be a UK resident who is aged 18 to 74
to open a With Profits ISA.
Important information
What should I consider?
- The minimum initial investment is £1,000 or £100 per
month.
- An initial charge will be applied. However, if you transfer
more than £10,200 before 1 October 2010 this charge will be waived.
An annual management charge of 1.5% will apply. For further details
of these charges please refer to the Key Features document
below.
- As with most stocks and shares investments, you should consider
this as a medium to long-term investment (minimum five
years).
- Tax treatment of the With Profits ISA depends on your
individual circumstances and may be subject to change in the
future. This information is based on our understanding of the
current tax position.
- Exit fees may be applied by your existing ISA provider when
transferring your investment to Wesleyan and while the transfer is
going through, your funds will be out of the market. However, there
are no maximum limits for transfers from previous tax years' stocks
and shares and cash ISAs and these do not affect your current tax
year ISA limits.
- What you get back with depend on a number of factors including
investment performance and the level of charges. You are not
guaranteed to make a profit and you may get back less than you
originally invested.
- If you subscribe to a Wesleyan With Profits ISA you will not be
able to subscribe to another stocks and shares ISA during the same
year. If you invest the full ISA allowance in the Wesleyan With
Profits ISA you will not be able to subscribe to a cash ISA during
the same tax year.
How do I
apply?
Please download and read
carefully all of the documents below which provides
important information on how your investment will
operate, which include:
You will not receive a personal
recommendation from us. If you are unsure whether this plan
is suitable for you, or you would like details of our other ISA
portfolios, you should seek advice from your Financial
Consultant.
Proof of Identity
In order to protect customers from the risk of
fraud, and to prevent money laundering, the law requires us to
check the identity and address of all people who open
accounts.
This applies to both new and existing customers. Please refer to
the section 'Confirming your Identity' on the Application Form and
send the documents requested with your application to:
Freepost Plus RRXE-LJST-RACK
Wesleyan Assurance Society
Colmore Circus
Birmingham
B4 6AR
Alternatively,
if you would like us to send you a With Profits ISA direct
application pack please complete the form.
Resources
Click below to download the document
