Compare our accounts

 

SIPP

Stock and shares ISA

Lifetime ISA

Dealing account

Age you can start Any age 18+ 18-39 18+
Annual savings limit Max £40,000 per year. Highest earners restricted to as little as £10,000 Max £20,000 across all ISAs Max £4,000 per year (overall ISA limit is £20,000) None
Government contribution 20% tax relief (equivalent to 25% bonus) paid into pension. Higher rate and additional rate tax relief can be claimed separately. None 25% bonus (max £1,000 per year) None
Employer top-ups Can be paid None None None
Investment options Invest in full range of funds, shares, bonds and trackers Invest in full range of funds, shares, bonds and trackers Invest in full range of funds, shares, bonds and trackers Invest in full range of funds, shares, bonds and trackers
Tax on withdrawal 25% tax free, then subject to income tax  None See Early access penalty Subject to Capital Gains Tax
Age you can access 55 (rising to 57  in 2028) Anytime  For the purchase of first home, for retirement from age 60 or in the case of terminal illness. See below for penalty if withdrawing at any other time. Anytime
Early access penalty No early access permitted unless in ill health None 25% charge if withdrawn for any reason other than to buy a first home, at 60 for retirement, or in the case of terminal illness None
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Lifetime ISAs
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Dealing accounts

Compare our range of accounts for children

Choosing the right account to give your offspring the best possible start in life is important. We offer a range of options to help you save for your children and choosing the correct one for you will depend largely on how and when you expect your child to be using the money you have saved for them. See our account comparison table for more information on the range of accounts.