ISA

Save on a monthly basis or invest a lump sum

• Save the way that suits you with our stocks and shares ISA. You can pay in as little as £30 a month by Direct Debit or invest a one-off lump sum (a minimum of £250). Or you can do both, as long as you don't go over the limit in any one financial year, which is currently £10,680.
• Future legislation changes could affect the tax status of your ISA.

How we make the most of your money

• Your ISA contributions will be invested into our With Profits Fund, with the aim of providing growth over the long term.
• Annual bonuses may be added to your stocks and shares ISA, with the value of these depending on how much profit the With Profits Fund makes and how we decide to distribute it. The addition of bonuses is not guaranteed and therefore it is possible that the ISA might not receive any annual and/or final bonus from the With Profits Fund. If you're interested in our ISA rates, take a look at our most recent bonus rates.
• With profits funds are different from a bank or building society account where interest is added, because the growth of our stocks and shares ISA depends on the performance of our With Profits Fund and not on interest rate movements. In adverse market conditions a market value reduction could be applied when you cash in your ISA savings, meaning that the amount you receive will be reduced; and in some investment conditions you may not get back the full amount originally invested.
• For more detailed information on how we manage this fund take a look at ' How you share in the profits of Foresters'.
• A Bank, Building Society or cash ISA account has greater certainty of growth than a Foresters Friendly Society ISA.

Access your money when you want

• You can cash-in your ISA savings whenever you want, but if you do cash-in during the early years you may get back less than you paid in. The cash-in value of your ISA savings will depend upon the amounts you have invested, the investment returns that we achieved, and our costs. For with profit policies, we aim to smooth out many of the ups and downs in investment markets so that the policy value gradually increases with the addition of regular bonuses. In favourable investment conditions we may also add a final bonus to the policy value, provided that the policy has been in force for at least five years. In adverse investment conditions we may apply a market value reduction to reduce the policy value.
• You can withdraw money from your Foresters Friendly Society ISA anytime.  The minimum withdrawal that you can make is £250 so long as the value that remains in your ISA after the withdrawal is at least £250
• You should be aware that inflation will reduce what you can buy in the future with the fund.

Keep your ISA as long as you want

• It's best to see a stocks & shares ISA as a medium to long-term investment, and aim to keep it for at least five years. As there are no time restrictions on how long you can keep your money in a stocks and shares ISA, you can let it run for as long as you want (subject to current ISA rules).
• As with all investments, their value can fluctuate and there is a possibility that you may not get back the amount of your original investment.

Your partner can take out their own ISA as well

• It's not possible to take out a joint ISA, but your partner can invest in their own stocks and shares ISA - so you can both benefit from the growth potential and tax advantages and maximise your savings even more.

Automatically become a Member and access great benefits

• When you take out our stocks and shares ISA you'll automatically get access to Forester Friendly Society's unique range of social and protection benefits - all at no extra cost.  Discretionary benefits are not regulated by the FSA