Contact us today on: 01924 240164 | [email protected]

Investment ISA

Make the most of tax efficient saving with our Investment ISA.

A New ISA is an investment with tax advantages. Our Investment ISA is a Stocks & Shares ISA that invests in the Kingston Unity With Profits fund.

  • Invest up to the full tax free ISA allowance
  • You can pay monthly by direct debit or pay lump sums
  • Transfers from other Stocks & Shares or Cash ISAs are allowed
  • Potential addition of bonuses to grow your ISA
  • Guaranteed dates where you can withdraw your investment without any penalty (known as Market Value Reduction or “MVR” free dates) regardless of market conditions.
  • Withdrawals (minimum of £500) allowed
  • Although there is minimum term it should be viewed as a medium to long term investment
  • Available to UK residents aged 18 or over.

It is important to remember that depending on investment conditions, you may not get back the full amount originally invested.

The addition of any bonus is not guaranteed and depends upon the performance of the underlying With Profits fund, our expenses and other factors. Past performance is not a guarantee of future performance and rates may be higher or lower than in previous years.

Please ensure that you read the full Key Features document contained with the application before applying for your ISA. You should also read the Key Features below and the Frequently Asked Questions. If there is anything you do not understand then you should contact us for clarification.

We are not able to offer advice and therefore if you require advice on whether this is the right product for you, you should seek advice from an independent financial advisor who may charge for this.

Tax treatment is based on our current understanding of rules which may change in future and will depend on individual circumstances.

Key features

  • Investments from as little as £25 per month or lump sum investments from £500.
  • Proceeds from ISAs are tax free under current legislation
  • Growth within the ISA fund is also tax free
  • Unlimited transfers in from other ISA providers allowed
  • Flexibility to stop and start payments as you like
  • Current ISA allowance for the 2017-18 tax year is £20,000
  • Your premiums are invested in our With Profits Fund
  • Top-ups within the ISA limits are allowed at any time
  • Withdrawals allowed, minimum £500
  • Guaranteed Market Value Reduction free dates
  • No fixed term

FAQs

Please Note: You must confirm you have read the key facts, before downloading this document.

Key Facts about our services and costs

1. The Financial Conduct Authority (FCA)

The FCA is the independent watchdog that regulates financial services. This document is designed by the FCA to be given to consumers buying certain financial products. You need to read this important document. It explains the service you are being offered and how you will pay for it.

2. Whose products do we offer?

We offer products from the whole market

We only offer products from a limited number of companies

We only offer our own products

3. Which service will we provide you with?

We will advise and make a recommendation for you after we have assessed your needs.

You will not receive advice or a recommendation from us. We may ask some questions to narrow down the selection of products that we will provide details on. You will then need to make your own choice about how to proceed.

We will provide basic advice on a limited range of stakeholder products and in order to do this we will ask some questions about your income, savings and other circumstances but we will not:

  • conduct a full assessment of your needs;
  • offer advice on whether a non-stakeholder product may be more suitable.

We can only offer products from Kingston Unity Friendly Society. These products will enable you to:

  • protect yourself and your loved ones in the event of death
  • save and invest with the added benefit of protecting yourself and your loved ones in the event of death
  • provide benefit cover in the event of sickness

4. What will you have to pay us for our services?

Normally, if you buy a financial product direct from us, there will be no payments such as commission or fees payable. If there are any commission or fees payable, we will tell you how we get paid and the amount before we carry out any business for you.

5. Who regulates us?

Kingston Unity Friendly Society, 9 Navigation Court, Calder Park, Wakefield, WF2 7BJ is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and .the Prudential Regulation Authority. Kingston Unity Friendly Society’s FCA Registered Number is 110056.

Kingston Unity Friendly Society permitted business is advising and arranging life assurance and pensions business.

You can check this on the FCA’s Register by visiting the FCA’s website www.fsa.gov.uk/register or by contacting the FCA on 0845 606 1234.

6. What to do if you have a complaint

If you wish to register a complaint, please contact us:
…in writing Write to Kingston Unity Friendly Society, Complaints Department, 9 Navigation Court, Calder Park, Wakefield, WF2 7BJ. …by phoneTelephone (01924) 240164

If you cannot settle your complaint with us, you may be entitled to refer it to the Financial Ombudsman Service.

7. Are we covered by the Financial Services Compensation Scheme (FSCS)?

We are covered by the FSCS. You may be entitled to compensation from the scheme if we cannot meet our obligations. This depends on the type of business and the circumstances of the claim.

Most types of insurance business are covered for 90% of the claim with no upper limit.