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Inherited ISA Allowance Plan

Invest your tax-free inherited ISA allowance in our flexible Stocks & Shares ISA, with the potential for growth

Inherited ISA Allowance Plan

Find out about your entitlement to an additional ISA allowance following the passing of your Spouse or Civil Partner

If your Spouse or Civil Partner passed away on or after 3rd December 2014, you’re entitled to inherit an additional tax free NISA (New ISA) allowance, up to the value of your Spouse or Civil Partner’s NISA savings on the date they passed away.

The Foresters Friendly Society Inherited ISA Allowance Plan is a Stocks & Shares NISA designed for this additional NISA allowance which has been inherited by the Spouse or Civil Partner following the passing of their loved one. The plan allows you to:

  • Invest your inherited ISA allowance whilst  not affecting your normal personal NISA allowance
  • Pay in lump-sums or make regular top ups by Direct Debit
  • Take regular  or one-off withdrawals  when you need the money (subject to terms and conditions)
  • Potentially grow the value of your plan with annual and final bonuses

You should be aware that in some investment conditions you may not get back the full amount originally invested.  Tax rules may change and depend on individual circumstances.

Our Inherited ISA Allowance Plan also gives you access to Foresters Extras - a range of benefits available at no additional cost which includes discretionary grants to assist with the cost of things like higher education and healthcare costs. Member benefits are not regulated and are regularly reviewed by us to ensure they are relevant to our members.

Inherited ISA Allowance Plan - In detail >>