What is a Stocks and Shares ISA?
Liontrust offers a Stocks and Shares ISA that can be invested into our fund ranges, allowing investors to invest in a wide range of funds with different processes.
It is possible to invest a maximum of £20,000 into the Liontrust Stocks and Shares ISA for the tax year ending April 2025, providing it is the only ISA opened by an investor in the tax year. Investment monies must come from an account in the investor’s own name, rather than from a third party.
There are no initial set-up fees for opening or maintaining a Liontrust ISA. Any ongoing annual management charge (AMC) fees applied are for investments in the underlying Liontrust funds and these fees will be clearly documented in associated Liontrust product literature.
Opening a Liontrust ISA
Please complete the application form to open a Liontrust Stocks and Shares ISA. You can transfer both stocks and shares ISAs and cash ISAs from another provider to a Liontrust Stocks and Shares ISA by completing an ISA Transfer Form. We do not offer a cash ISA.
Please remember to read the relevant Key Investor Information Document (KIID) before opening a Liontrust Stocks and Shares ISA or transferring an ISA to us from another provider.
You can read the ISA Terms & Conditions here.
We recommend that if you have any doubts about the suitability of an investment, you should consult a professional adviser. This should not be construed as advice for investment in any product or security mentioned, or a solicitation to purchase securities in any company or investment product.
Please note, Liontrust does not have a cash holding facility for any of its products so all monies deposited will remain fully invested at all times. You will not be able to redeem and hold cash within this account.
Additional Permitted Subscription (APS) ISA allowance
Since December 2014, an additional ISA allowance has been available to investors following the death of a spouse or civil partner. The APS allows the bereaved partner to effectively inherit funds accumulated in their spouse or partner’s ISA, into their own ISA, on top of the standard allowance.
If the partner died after 3 December 2014 and before 6 April 2018, the APS is equal to the value of the ISA on the date of their death. This means that if an investor’s spouse or partner had £30,000 in their ISA at death, this would be the APS and the investor could effectively contribute £50,000 into their ISA for that tax year, free of tax.
Where a spouse or partner died on or after 6 April 2018, the APS allowance is either the value of the ISA at the point of death or the value of the ISA when the account is closed and all funds withdrawn, whichever is the highest value.
