any shares which have been transferred from an HMRC approved SAYE share option scheme or Share Incentive Plan (see Can I put shares from my employee share scheme into my ISA?
• life insurance policies • stakeholder medium-term products Q: Can I open an ISA on behalf of my child? A: No, you cannot open an ISA on behalf of anyone else. You must be at least 16 to open a Cash ISA, and 18 to open a Stocks & Shares ISA. Q: What is the CAT mark? Cat stands for Charges, Access and Terms. If an Isa carries the Cat mark it shows that it has met certain criteria laid down by the government. It does not offer any guarantee that the Isa itself will perform well. A Cat marked cash Isa may still not offer the best interest rate. Cat marks can therefore be useful but they are not the only guide to use when deciding who to trust with your money. Q: Is it cheaper to buy direct or through a broker? Not necessarily. If you use an independent financial adviser (IFA) to select your Isa, the provider will reward them for putting your business their way by paying them a commission which you will not see. Of the initial charges approx. 60% of these may go back to the introducer as
Related Questions
- any shares which have been transferred from an HMRC approved SAYE share option scheme or Share Incentive Plan (see Can I put shares from my employee share scheme into my ISA?
- Does the Dividend Reinvestment and Share Purchase Plan (the Plan) provide a discount on the purchase of common shares of Enbridge?
- Why use an Inland Revenue approved share scheme?
