|Did you know that you can put money aside in an Investment ISA in addition to your Cash ISA?
The The Scottish Friendly My Select (ISA) is a fantastic product which enables you to make the most of this allowance.
Whilst you have only one ISA allowance, it is essentially broken down into two parts:
your Cash ISA allowance (up to £5,640) and your Investment ISA** allowance £11,280 minus any amount you have invested
in a Cash ISA. In other words if you max out your Cash ISA allowance, you can still invest another £5,640 and avoid
tax! So why pay more tax than you need to?
Scottish Friendly have designed the My Select (ISA) so it’s
as easy as possible to manage your investment: the My Select (ISA) can be managed completely online in the My Plans section.
What’s more, customers who take out a plan in the next two months (until 1st April
2013) will be entered into a draw to win an 4th generation iPad*!
**Legally this is known as your Stocks & Shares ISA Allowance but we use the phrase Investment ISA allowance
to clarify that you don’t have to invest in the stock market but can choose Government bonds, property funds, corporate
bonds or different investments.
Scottish Friendly, one of the UK's leading friendly societies, has been helping its
customers to invest since 1862. When you start putting money away in a Scottish Friendly investment plan or buy life cover,
you automatically become a member (or owner) of the friendly society. As a friendly society there are no shareholders. All
the profit made is used for your benefit.