• Why choose SunLife for a Stocks and Shares ISA

    a three column graph to represent a year on year increase in savings

    Boost the amount you save by choosing automatic payment increases each year

    a calendar with a cross on to indicate a specific date

    Built in money back guarantee on set dates

    a 10 pound coin next to a red money sack

    Open an ISA from £10 a month or a lump sum

    a blue and yellow gift card

    Choose a welcome gift of your choice when you open a My Smarter (ISA) online. See the options

    What is the My Smarter (ISA)?

    • A stocks and Shares ISA available to UK residents aged 18 and over
    • Invest from just £10 a month or with a lump sum of £100 or more
    • Use our Savings Escalator to automatically increase your payments each year to help the amount you invest grow faster
    • Provided you've made no withdrawals, you can get back at least what you put in on your 10th anniversary and every five years after that
    • Choose to stop, start or change your payments any time without penalty

    Important Information

    • Invest up to £20,000 in a Stocks and Shares ISA in the 2017/18 tax year – minus any amount you have already saved in a Cash ISA, Innovative Finance ISA or Lifetime ISA
    • To get the best growth potential you should expect to invest for at least five years and ideally 10 or more. Inflation will reduce what you can buy in the future. There’s always the option to withdraw money if you need to though
    • The value of your ISA can go down as well as up and you could get back less than you pay in
    • You won’t pay income or capital gains tax on your returns – other than tax on dividends from UK shares. Exactly how tax affects you depends on your individual circumstances and tax law could change in the future
    • A 1.5% charge will be deducted from the value of your ISA each year. These charges may vary in the future. For more information see Scottish Friendly's Key Features document.
    • My Smarter (ISA) is provided by Scottish Friendly. Your money is invested in their With-Profits Fund

    Watch our short video which explains how our Stocks and Shares ISA works.

    Helping you save more

    With The My Smarter ISA, your money is invested in Scottish Friendly’s ‘With Profits’ Fund. This fund is carefully managed and aims to provide steady growth. It does this by spreading your money across a range of different investments - like shares, property, bonds & cash deposits – making sure all your eggs aren't in one basket.

    With an ISA, the more you invest, the more it could grow! So to make life easier, this ISA lets you increase your monthly payments automatically by up to 10% each year. But of course the ISA is flexible, so if you want to change this, you can. Here’s how it could work:

    Starting at £30 a month, and increasing your payments by 10% each year for 10 years. You would have invested a total of £5737. That’s compared to £3600 invested over the 10 years if you decided not to increase your payments. And of course that’s before any potential growth on either of these amounts! Although this ISA aims to pay back more than you put in, as with any investment, there’s an element of risk so it could pay back less.

    But this ISA has a special guarantee.

    If you want, provided you haven’t made any withdrawals, on the 10th anniversary of starting your ISA, you can take out at least 100% of the money you invested, which you don’t get with most other ISAs!

    Stocks & Shares ISAs. Just another thing we’ve made straightfordable.

    As this is a Stocks and Shares ISA you could get back less than you invest.

    Inflation will reduce what you can buy in the future.

    Calculate how much your ISA could grow

    isa-calculatorOur growth calculator is a handy tool that uses three assumed investment scenarios to show how much you might get back on your investment in the future.

    How My Smarter (ISA) works

    Where your money is invested

    This chart shows how the With-Profits fund spread its investments on 31/12/2014

    Your money is invested in Scottish Friendly’s cautiously managed With-Profits fund, which invests in a mix of shares, property, cash and bonds.

    The chart above shows how the With-Profits fund spread its investments on 31/12/2015

    How your money may grow

    how your money could grow

    As with any investment, you can't be sure what you'll get back in the future but our growth calculator can give you an idea based on some assumed rates of growth.

    We'll help you save more

    Safety net

    Unlike most other ISAs this one features something called a 'Savings Escalator'.

    The Savings Escalator lets you increase your monthly payments automatically each year so the amount you put away gets bigger, quicker. You can choose to increase your payments by 10%, 5% or 2.5% each year. Our example is based on a monthly payment of £30 that increases by 10% every year.

    Please remember that with investing comes risk. The value of your My Smarter (ISA) can go down as well as up, and you could get back less than you paid in.

    Why choose SunLife?

    We believe everyone in the UK should have access to straightforward and affordable financial products. That’s why we’ve teamed up with Scottish Friendly to bring you My Smarter (ISA). They’re a company with over 150 years’ experience who share our passion for making investments open to all.

    Stocks and Shares ISAs explained

    ISA-guide-image

    The world of finance can sometimes be a little confusing. That's why we've put together this handy article to help answer your question, what is an ISA?

    Learn more from some of our finest people about why our Stocks and Shares ISA is right up your street.

    How our Stocks and Shares ISA works

    A Stocks & Shares ISA is a type of Individual Savings Account.

    Through a Stocks & Shares ISA you can invest in things like shares and property. They are a very tax efficient way to invest.

    The maximum you can put into ISAs this tax year, is a whopping £20,000.

    The SunLife My Smarter ISA invests in a mix of shares, property, bonds and cash deposits. You don’t need to be rich or an expert to have one. With this ISA you can invest from just £10 a month or, if you prefer, you can invest a lump sum.

    The more money you put into your ISA over time, the more it could grow. So, to make life easier, you can increase your payments automatically by up to 10% each year. But, of course, you can change this if you want, depending on your finances each year.

    Your money will be carefully managed by Scottish Friendly, who will do all the work for you. There’s an annual charge of 1.5% of the value of your ISA, which is deducted from your investment.

    Before you get started, just be sure you’re happy to put money away long term, say 5 – 10 years, and that you’re happy with an element of risk, as the value of your investment can go up or down and you may get back less than you paid in.

    But here’s why this ISA is a little bit special…

    If you want, provided you haven’t made any withdrawals, on the 10th anniversary of starting your ISA we guarantee you can take out at least 100% of the money you’ve put in.

    *Inflation will reduce what you can buy in the future.

    So you can invest knowing you’ve got this extra reassurance, which you don’t get with most other ISAs!

    Stocks & Shares ISAs. Just another thing we’ve made straightfordable.

    Thinking things through

    This website explains how My Smarter (ISA) works. It doesn't give advice so you need to be sure this investment is right for you. Want some more advice before deciding? Go to www.unbiased.co.uk to find an Independent Financial Adviser near you. You may have to pay for their advice.

    Start investing now