Aegon Retirement Choices (ARC) Stocks and Shares ISABack to results
How can I contribute to an ARC Stocks and Shares ISA?
With our ARC Stocks and Shares ISA you can pay in regular contributions directly from your net salary (your salary after tax and NI have been deducted) through your employer’s payroll, or alternatively you can make contributions by setting up a direct debit. The annual ISA allowance is £20,000 for the 2020/2021 tax year.
What is the tax treatment of an ARC Stocks and Shares ISA?
There will be no tax on the dividends and interest distributions received or on capital gains within the ISA wrapper. The investor won’t have a personal liability to income tax or capital gains tax when they take withdrawals from the ISA either.
Why consider an ARC Stocks and Shares ISA?
Our ARC Stocks and Shares ISA offers a wide range of investment funds to choose from and with its tax efficiency, gives you a tax-friendly way to save.
The charge will be the same as that agreed with your employer for your workplace pension, so if you have a discounted charge for your pension set up through your employer, this same charge will be applied to your ARC Stocks and Shares ISA. There may be additional charges depending on which investment funds you choose to invest in.
The flexible ISA rules introduced on 6 April 2016 don't apply to our ARC Stocks and Shares ISA. This means that if you make a withdrawal, you won't be able to replace it in the same tax year, without it counting towards your annual allowance for that tax year.
How much will I have to pay?
You can find full details of our charges in our Charges guide or, if you're in a company pension, our Charges information. To find details of the charges that apply to you including any additional charges relating to your chosen investment funds, see your personal illustration or talk to your financial adviser. Charges might vary in the future.
Are there any risks?
Yes - the value of your ARC Stocks and Shares ISA will be directly linked to the performance of the funds you select to invest in, and may fall as well as rise. You may get back less than you invest.
Because the value of the ISA can fall as well as rise, although there’s no fixed term, you should be prepared to hold your money in the ISA for at least five years, ideally longer.
The favourable tax treatment of ISAs may not be maintained in the future and may be subject to changes in legislation. The benefit of the tax treatment depends on individual circumstances.
What if I’m unsure if this ARC Stocks and Shares ISA is right for me?
If you’re unsure whether you should open our ARC Stocks and Shares ISA, you should speak to a financial adviser.
Can I apply for one?
To apply for any stocks and shares ISA you must be:
- Aged 18 or over;
- Resident in the UK; or
- If you don’t live in the UK – a Crown servant (for example diplomatic or overseas civil service) or their spouse or registered civil partner.
Please note that you can't hold an ISA with, or on behalf of, someone else. You can also only take out one stocks and shares ISA in each tax year (6 April to following 5 April). The ARC Stocks and Shares ISA would count as that one stocks and shares ISA. So providing you haven't taken out another stocks and shares ISA this tax year, you can open one with Aegon.
You can also use some of your or all of your annual ISA allowance for a cash ISA. Aegon doesn't offer a cash ISA product.
Before applying please make sure you read, and either print or save onto your personal computer for you to refer to at a later date, the ARC Key Features document(Opens new window), and the Key Investor Information Documents (KIIDs) for each of the funds you wish to invest, which are available in the investment fund list(Opens new window).