The Netwealth Stocks and Shares ISA. Grow Your Wealth Hassle-Free
Award-winning wealth management, helping you and your family save tax-free.
Book a call with an adviserWhy work with Netwealth?
We offer easy-to-subscribe Individual Savings Accounts (ISAs) and Junior ISAs (JISAs) to our clients and their families, benefiting from the support of our expert team, a great digital experience and lower fees than a traditional wealth manager.
If you're a UK resident, a stocks and shares ISA is a great way to minimise your capital gains and income tax. We offer a range of expertly managed portfolios to fit your financial objectives.
You can transfer both Cash ISAs and Stocks & Shares ISAs from other providers without affecting their tax-free status. Our client service will handle all the paperwork and coordinate with your current providers to ensure a seamless experience.
Netwealth offers advice restricted solely to our services. We do not consider the whole of the market, nor offer advice in relation to tax compliance, insurance products, or the transfer of defined benefit pensions.
Book a call with an adviserA wealth of benefits
- A seasoned investment team manages your ISAs and JISAs accounts, ensuring your wealth is in experienced hands
- Enjoy lower fees compared to traditional wealth managers, enhancing your investment returns
- Maximise your tax-efficient investments with accessible support from Netwealth’s UK-based financial experts.
- Benefit from institutional-grade security with client assets separately ring-fenced
- Smooth ISAs transfers from other providers, fully-managed by our client service team
What is an ISA?
An ISA (Individual Savings Account) offers a tax-efficient way to save or invest up to £20,000 each tax year. This £20,000 is known as your annual ISA allowance. The major benefit of ISAs is that you don't have to pay UK income tax or capital gains tax on the earnings, allowing you to keep more of your interest or returns.
There are four different types of ISAs:
- Stocks and Shares ISA (also known as an Investment ISA)
- Cash ISA
- Innovative Finance ISA
- Lifetime ISA (with a £4,000 allowance)
Netwealth currently offers the Stocks and Shares ISA and you can split your annual £20,000 allowance among different risk level portfolios and liquidity accounts.
Why choose a Netwealth ISA?
Maximising tax allowances is central to good financial planning. Putting your savings in a tax-free wrapper can greatly improve your net returns over the long term.
Our Stocks and Shares ISA lets you save regularly with a monthly direct debit or standing order. You can even top up with cash during the year when it suits.
Can I transfer my ISA to Netwealth?
Yes, you can transfer your existing ISA (whether Cash ISA or stocks and shares ISA) to Netwealth. Although you can open a new ISA each tax year with a different provider, consolidating your existing ISAs can simplify your financial planning. Netwealth allows you to transfer both cash ISAs and stocks and shares ISAs held with other providers without losing their tax-efficient status. Moreover, our team will ensure your ISA transfer is as smooth as possible.
Use Netwealth's innovative online tools
Our mobile app and online dashboard are designed to be very user-friendly. This makes it easy for you to manage your stocks and shares ISAs, review the performance of your investments, withdraw money, and revisit your financial goals.
A stocks and shares ISA with strong returns
Our team invests in high-quality, globally diversified portfolios and has consistently outperformed the peer group. Please remember that past performance is not a guide to future returns.
Tax-free growth
The clearest benefit of a stocks and shares ISA is that you can enjoy tax-free growth, This means you won’t pay capital gains tax or UK income tax on your investment returns. This allows more of your money to stay invested and grow over time.
Optimising contributions
We guide you on effectively using your annual ISA allowance to take full advantage of the tax rules and tax benefits available each year. Whether through regular monthly direct debits or lump-sum contributions, we help you maximise returns via a tax-efficient investment account.
Strategic use of your ISA
Our experts help you strategically allocate the right investment portfolio within your Stocks and Shares ISA. We'll ensure the underlying assets are aligned with your financial goals while benefiting from the ISA’s tax-free status. This includes selecting a mix of assets, such as exchange-traded funds (ETFs) and other diversified options.
Managing transfers for tax efficiency
Need to transfer existing ISAs to Netwealth? We will help you manage the process smoothly to maintain your tax-efficient status. This includes minimising any exit fees and ensuring no disruption to your tax benefits.
Comprehensive support on tax rules
Our team keeps you informed of any changes in tax rules that could affect your ISA, ensuring that your investment strategy remains tax-efficient at all times.
Seamless management
Our user-friendly online platform allows you to monitor your investments, make adjustments, and withdraw money whenever you need. You can effortlessly manage your investment account and ensure your portfolio stays aligned with your financial goals.
Ethical investment with Netwealth
Our Socially Responsible Investing (SRI) portfolios are designed to allocate to companies who score well across environmental, social and governance (ESG) metrics.
They also exclude companies involved in harmful industries like fossil fuels, tobacco, and weapons.
Choose Netwealth for a blend of ethical investing and competitive returns, helping you grow your wealth while supporting a better world.
Insights
Netwealth ISA FAQs
How do I open a stocks and shares ISA with Netwealth?
The first step is to register with Netwealth and design your investment. Then select the risk level for your ISA portfolio. Once your stocks and shares ISA is created, our client service team will be in touch to confirm the next steps but this should normally be available to fund within 1 business day. You can make one-off payments as well as set up a monthly direct debit.
How do I transfer existing ISAs to Netwealth?
Once you have opened your Netwealth Stocks and Shares ISA, you can easily transfer one or more existing ISAs to us. Our client service team will send you a pre-filled form to complete and once received will take care of contacting your current providers.
How long does it take?
ISA transfers vary depending on the provider and the type of ISA you are transferring. You should allow up to 15 business days for a cash ISA and up to 30 days for a stocks and shares ISA.
Can I transfer a part of my existing ISA?
This will depend on your existing ISA provider but for prior tax year ISAs you can often make a partial ISA transfer. Current tax year contributions must be transferred in full.
How much does it cost to transfer my ISA to Netwealth?
There are no charges by Netwealth for transferring in an ISA. However, you should check with your existing provider as some providers do levy exit charges. Please contact advice@netwealth.com if you would like us to look into exit charges applied by your existing provider.
What’s the minimum investment and which types of ISAs can I transfer?
The minimum investment to become a client of Netwealth is £50,000. This however can be made up of different account types as well as include both cash deposits and transfers from other providers.
The minimum portfolio size for an ISA is £5,000 or £1,000 for a JISA. If you are unsure about meeting the minimums or have any questions, please set up a call with one of our client advisers. You can transfer stocks and shares, cash and innovative finance ISAs held with other providers.
Where do you invest my stocks and shares ISA?
Your ISA is invested in one of our seven risk levels as chosen by you. You can split your ISA into different portfolios depending on your financial goals. Each of our risk level investment strategies are monitored and managed by our deeply experienced investment team.
Do I have to sell my existing investments?
As part of the transfer process we will instruct your existing provider to sell your current ISA holdings and transfer the cash proceeds to us. Once received we will invest these within 24 hours into your chosen risk level.
How do I access and monitor my stocks and shares ISA holdings?
Our website and mobile app are available for you to view your holdings, transactions and the performance of your ISA investments.
Do you offer a service to top up my stocks and shares ISA from my General Investment Account?
Yes, we offer both one-off and annually recurring transfers from your General Investment accounts to your ISA and any JISAs. These can be set up and managed via the ‘Tax Allowances and Services’ section of your online account.
How can I see how much stocks and shares ISA allowance I have remaining?
The ‘Tax allowances and Services’ section of your online account allows you to monitor your ISA and JISA allowances remaining during the tax year to ensure that you can maximise these before the end of the tax year.
Can I withdraw money from my stocks and shares ISA?
Yes, you are free to withdraw money at any time; however please note that the Netwealth Stocks and Shares ISA is not a flexible ISA therefore if you're withdrawing money deposited in this tax year then your ISA allowance will remain used.
If you decide to transfer your ISA away from Netwealth to another provider then please do not withdraw the funds as they will contact us directly to arrange the transfer.
What happens to my stocks and shares ISA if I die?
The ISA stays open and remains tax-free until it is closed by your executor and passed on to your beneficiaries. If you have a spouse or civil partner, when you die they also inherit an additional ISA allowance up to:
-
the value held in the ISA when you died
-
the value of the ISA when it is closed
Therefore assuming the ISA passes to a spouse or civil partner it maintains its tax-free status.
What is UK income tax and capital gains tax?
UK Capital Gains Tax is a tax on the profit you make when you sell or dispose of an asset that has increased in value. Income Tax is a tax on money you earn, such as wages, pensions, or investment income. Both taxes apply to your taxable income or gains above certain thresholds set by HMRC.
