The Retiready ISA

The Retiready Individual Savings Account (ISA) is a tax-efficient way to boost your savings. You can use it alongside a pension. The Retiready ISA is a stocks and shares ISA.

Features of the Retiready ISA

  • A tax-efficient way of saving - no personal liability to capital gains tax or income tax.
  • Gives you access to a range of investments.
  • Added safeguard designed to limit the impact of sharp and sustained market falls.
  • Pay in up to £20,000 in the current tax year.
  • You can transfer your existing ISA to a Retiready ISA.
  • Manage your account from your mobile, tablet, or desktop.

Things to think about

  • The value of a stocks and shares ISA can fall as well as rise, isn't guaranteed and you may get back less than you invest.  Although our stocks and shares ISA has no fixed term, you should be prepared to hold your investment for at least five years, ideally longer.
  • The added safeguard is designed to reduce investment risk. However, the value of your ISA could still fall and the safeguard could limit returns in certain market conditions. 
  • The favourable tax treatment of ISAs may not be maintained and is subject to change. The value of any tax benefits will depend on individual circumstances.

Transferring your ISA

Transferring ISAs may not be the best option for you. It’s up to you to decide if this is the right decision for you – so make sure you compare products before transferring. If you’re not sure, speak to a financial adviser – there may be a charge for this. If you don't have a financial adviser, you can visit MoneyHelper to find the right one for you. 

It’s important to remember the value of your consolidated stocks and shares ISA can still fall as well as rise and you may get back less than you invest.

Any new funds you move your money into will have their own set of risks that will be detailed in the fund information available to you.

If you’re transferring from a cash ISA to our stocks and shares ISA, you’re actually transferring between two very different products. In a cash ISA, your money is held on deposit, but in a stocks and shares ISA the value can fall as well as rise.

Why is a Retiready ISA different?

Your investment options

Funds tailored for different risk appetites

Choose from a tailored range of four funds, each designed to satisfy a different risk appetite.

Select from four funds

Each fund comes with an added safeguard designed to limit the impact of sharp and sustained market falls.

Making payments

You can make one-off payments, monthly contributions and/or transfer existing ISAs if you want to.


  • No set-up or transfer fee.
  • A maximum service charge of 0.5% a year based on the value of your fund – taken monthly.
  • The monthly Retiready investment charge includes an annual management charge of 0.35%. There are also additional expenses which can vary, depending on the day-to-day running costs of the fund. As a result, the charge you pay could be slightly different from the illustrated value and may be up to 0.38%.
  • We keep 0.25% of your payments and transfer payments into your ISA in your cash facility to pay your service charge. If there isn’t enough money in the cash facility to meet the service charge, there will be a delay in the charge being taken while we sell some of your investment. If your balance falls below 0.15% we’ll automatically top it up to 0.25% by selling some of your investment. This might not apply in some circumstances. 
  • You should be aware that you’re responsible for making sure there’s enough money to cover any payments.

We may vary these charges. If we do so, we will let you know.

Combine your ISAs

Moving existing ISAs into one place may help you take control and possibly save money.

Before transferring existing ISA(s) make sure it's the right decision for you. Please speak to a financial adviser if you're unsure - there may be a charge tor this.

Find out more

Get your Retiready ISA today