Make the most of your tax-free savings with Wesleyan

Moneymagpie Team 9th Sep 2024 No Comments

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Finding the right place to invest your ISA allowance can sometimes be tricky. There’s lots of choice and everything seems so similar. The Wesleyan Stocks and Shares With Profits ISA is a different option. While all investments are subject to the volatility of the stock market, by investing in the With Profits fund the sharp rises and falls are reduced through ‘smoothing’. This means holding back some returns when market performance is strong, to support returns when the market experiences losses – reducing the effect of any short-term market fluctuations.

Any investments made become part of Wesleyan’s £4.3 billion ‘With Profits’ fund, which is managed by an award-winning investments team (awarded ‘Investment Team of the Year’ – at the Insurance Asset Risk Awards 2023), which gives you peace of mind that your investment is in good hands.

The Wesleyan With Profits Stocks and Shares ISA has the option to save from as little as £50 a month, or to invest a lump sum amount from £1,000 (up to the £20,000 ISA allowance per year). ISAs held elsewhere can also be transferred into the Wesleyan With Profits Stocks and Shares ISA using a simple online process for one manageable account.

Keep in mind that the value of your investment can go down as well as up, so you could get back less than you invested.

You will not receive any investment advice or recommendations from Wesleyan. You should consider whether this investment will meet your needs and objectives and if you are unsure, contact a Financial Adviser. The Wesleyan With Profits Stocks and Shares ISA has an Annual Management Charge (AMC) of 1.2%. Before you apply, please ensure that you have read the Important Information and Key Features Document.

Wesleyan Assurance Society is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

Find out more.

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