LV= ISA
Here’s what you need to know about the new LV= ISA
Overview
So, what can our ISA give you?
- Tax efficient savings with long term growth potential
- Investment tailored to your appetite to risk – choose from one of three fund options
- Unique features designed to help provide protection and investment security
ISA features
Our stocks and shares ISA lets you:
Choose between three multi-asset, risk-rated ISA fund options: the ISA Cautious Fund, the ISA Balanced Fund or the ISA Growth Fund
- Invest lump sums from £10,000 - £1,000,000
- ISA transfers welcome - easily transfer your existing ISA
- Reduce the impact of short term stock market movements with a process known as smoothing.
- Make ad-hoc withdrawals
Important information
Investing money can be rewarding but it’s not without risks. Here’s what you need to know:
- This is a stock market-related investment available to UK residents aged 18 – 84 (you can still have an ISA past 85 just not pay anything into it).
- The value of your investment could go down as well as up, so you could get back less than you paid in.
- Although our smoothing process helps to protect your investments, it doesn’t mean investments won’t drop in value. Smoothing will not prevent losses in longer-term falling markets.
- There are costs involved in setting up and looking after your ISA, you can read more about the charges here.
- Withdrawals - if you withdraw more money from your ISA than the amount your ISA has grown by, the value of your ISA will be less than you’ve put in.
- If you invest in the Cautious Fund and select the optional 10-year guarantee please be aware of the associated terms and charges.
- Whilst there is no minimum or fixed term, this is a medium to long term investment for at least 5 years, preferably 10 years or longer.
Important documents
LV= ISA documents
Here you can find documents related to our ISA, it’s important that you read and understand them.
Key information documents
ISA Key Information Documents
These documents provide you key information about this investment product. It is not marketing material. The information is required by law to help you understand the nature, risks, costs, potential gains and losses of this product and to help you compare it with other products.
Next steps
To help you get the most from your money please contact your financial adviser
If you do not have a financial adviser, you can speak to one of our investment advice specialists.
Note: The information given in these pages should not be seen as advice to take out this product.