Individual Savings Account (ISA)

ISAs can be used to save for anything, including your retirement. You might want to use it alongside your pension. Remember there are limits to how much you can pay in each year and the tax benefits work in different ways to a pension. With an ISA you can:

  • Save for the short, medium or long term
  • Save for your retirement
  • Not pay tax when you withdraw your money

This information is based on our understanding of current, taxation law and HMRC practice, which may change.

There are several types of ISAs available, (please note, Aegon only offer Stocks and Share ISAs).

Stocks and Shares ISA

  • Tax-efficient
  • No tax on any dividends received
  • Profits exempt from capital gains tax
  • Invest on stock market and have greater growth potential
  • Come with risk of losing money if markets fall.

Find out more about the ISA limits at HMRC(Opens new window).

The value of an ISA will be directly linked to the performance of the funds selected and may fall as well as rise. You may get back less than you invested. An investment in a stocks and shares ISA will not provide the same security of capital associated with a cash ISA. The favourable tax treatment of ISAs may not be maintained in the future and is subject to changes in legislation.

Retiready from Aegon

Find our more about taking control of your pension and ISA with Retiready.

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