Exciting News: TFS World Friendly Stocks and Shares ISA
- February 9, 2021
- Posted by: Kalina Ilarionova
- Category: TFS News
We are excited to announce the launch of the TFS World Friendly Stocks and Shares ISA!
Saving for your future is important, no matter what your goal may be. However, we understand that making a decision on what to do with your money can be difficult. This is why we have designed this Stocks and Shares ISA, which lets you make the most of your ISA allowance in a “green” way!
What is the TFS ISA?
Our Stocks and Shares ISA lets you invest and save in a way that is easy to understand, flexible and tax-efficient. Your tax-free payments can be made on a regular or one-off basis and you will have the flexibility to make changes as and when you want.
The TFS ISA is a medium to long-term investment. We want your money to be saved in the way that suits you best, so we allow you to decide for yourself which funds you wish to invest in. All funds have the added value of showing commitment towards being ethically responsible, aiming to influence positive change to the environment and society.
Who can benefit from the TFS ISA?
You can apply to open a TFS ISA for yourself, to save money for the long-term and even support your retirement. You can also open a Junior TFS ISA for your children, from which they will be able to withdraw once they turn 18, and help them fund some of their future expenses such as, their further education, driving lessons and job training.
Key features
- Stocks and Shares ISA and Junior Stocks and Shares ISA available
- Tax-efficient saving
- Invest in environmentally friendly funds
- Start investing from £30 a month or a lump sum of £500 or more
- Easy access to your money with withdrawals at any time – Adult ISA only
- Transfer your existing ISA to TFS or apply to open a new ISA with TFS
Stocks & Shares ISA
Allows you to gain some exposure to financial markets and provides a gateway to a wide range of investments, however, you must be willing to take on a degree of risk – accepting that the value of your investments could go down as well as up.
To find out more about TFS World Friendly Stocks and Shares ISA, please click here
Junior Stocks & Shares ISA
If your child is a UK resident and under 18 years of age, as a parent or legal guardian, you can take out a Junior ISA for them. The differences between a Junior ISA and an Adult ISA include a lower yearly allowance and funds from a Junior ISA cannot be withdrawn until the child turns 18.
To find out more about TFS World Friendly Junior Stocks and Shares ISA, please click here
Please remember that the value of your investments can go down as well as up, so you may get back less than what you pay in.
No advice will be provided to you by TFS and if you are in any doubt as to whether this ISA is suitable for you, we recommend you seek independent financial advice, the cost of which will be your responsibility.