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Stocks and Shares ISA

Stocks and Shares ISA

Invest in your future

Open a Stocks and Shares ISA account
Reviewed by Andrzej Pioch

What is a stocks and shares ISA?

A stocks and shares ISA is a simple, flexible way of investing in the stock market. It lets you put your money into stocks and shares, funds, bonds, and other assets. You usually don’t pay UK income or capital gains tax on any returns you make on it. To find out more, visit our ISAs Explained page.

Start saving into a Stocks and Shares ISA today

You can start your tax-efficient investing with just £20 a month or a £100 lump sum.

  • Two tax-efficient investment options designed to suit your needs
  • A team of experts actively managing your funds
  • Our online account and app make managing your investments easy
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Investing in stocks and shares made simple

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Join the nearly 4 million people in the UK who currently benefit from tax free savings, by investing in a Stocks and Shares ISA. Legal & General have made investing simple. You can start investing with as little as £20. You can top up whenever you like with a minimum of £1. You can access your money whenever you want, but investing is best when you think long-term, ideally 5 years or more.

You have two ways to invest in your ISA. Select level of risk you're happy with with our Simple fund choice tool or, select a fund from the extended fund range. Let us look after your investment so you can focus on how you might use it. The value of your investment will fall as well as rise, and it's not guaranteed. You may get back less than you invest.

Sign up in minutes. Choose the best investment option for you. Decide how much you want to invest, and we'll instantly set up your account so you can track your investment and make changes whenever it suits you. Investing made simple with Legal & General Stocks and Shares ISA. Visit legalandgeneral.com/investments to sign up.

Your two stocks and shares investment options

We’ve simplified a key part of the investing in stocks and shares process. You just need to choose between two different investment options. If you’re not sure which one’s best for you, we recommend speaking with a financial adviser. You can find one at Unbiased.

 

Simple fund choice

Based on your risk appetite, choose from five diversified funds and we'll do the rest.

View funds and open ISA

Self-select funds

Build your own portfolio from our extended fund range. 

These funds may carry higher investment risks as they offer less diversification than the Simple fund choice option.

View funds and open ISA

Please remember

The value of your investment will go up and down. It isn’t guaranteed, so you may get back less than you put in.

Whilst an ISA is usually considered as a medium to long-term investment for at least five years, there is no fixed term for your investment.

Why choose our Stocks and Shares ISA?

Your trusted investment partner

We've helped millions of customers with their savings, retirement and life insurance

Straightforward and simple

You can easily adjust your investments with our flexible contributions options

How much are our service charges?

We’ll take a low monthly service charge of 0.25% of your fund value

Let our Simple Fund Choice diversify for you

  • Balance of risk and reward
    Our funds all have different risk levels, from more security with lower potential returns to more uncertainty with higher potential returns. Make sure you choose the investment risk level that works best for you. 
  • Diversify your investments
    Our funds spread your investment across a diverse range of industries, countries and markets. You don’t have to put all your eggs in one basket.

Investing for beginners

We know that many people are nervous about investing. In our article, we look at what you should consider before taking that first step.

Learn more about investing

Want to transfer your old ISA?

Once you've set up a Stocks and Shares ISA with us, you can transfer any old stocks and shares ISAs or cash ISAs into your account.

Open a Stocks and Share ISA account
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Making investing easy

  • Manage your ISA online and in our app
  • Funds actively managed by experts
  • Globally diverse investment solutions
  • Withdraw your cash whenever you need
  • Change/stop/start regular payments whenever you want
  • Add additional lump sum payments anytime

FAQs

A stocks and shares ISA is a tax-efficient investment account that allows you to invest in a range of shares. The tax treatment depends on the individual circumstances of the investor and may be subject to change in the future. Learn more on our ISA Explained page.

To understand which fund and risk level is right for you, visit our Understanding Risk page.

Our ISA Explained page can help you understand how your money is invested.

A Stocks and Shares ISA is a great way to start investing for beginners. Take a look at our Investing for Beginners guide.

Yes, once you've set up your ISA, you can change your fund in your online account and through our app.

Once you've set up a Stocks and Shares ISA with us, you can then transfer any old stocks and shares ISAs or cash ISAs into your account via your online account.

Yes, you can transfer the money you have saved in a cash ISA into your stocks and shares ISA. You must follow the transfer process carefully to make sure you don't lose your tax-excempt status. You can learn more about this in our ISA transfer article.

The annual allowance for a stocks and shares ISA is £20,000. Learn all about your ISA allowance in our helpful guide.

Yes. In fact, you can have as many ISAs as you want. But you can only pay a total of £20,000 into all your ISAs in any one tax year. 

Helpful links

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ISAs Explained

New to investing? Learn all about what ISAs are, how they work and the different types of ISA available to you.

Learn more about ISAs
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Understanding risk

Investing money always comes with a degree of risk. Learn more about how to choose the best risk level for you.

Learn about investment risk
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Want to get in touch?

Find all the ways you can get in touch with us about your Investment product.

Contact us
Our ISA expert
Andrzej Pioch - headshot

Andrzej Pioch

Fund Manager, Asset Management

Andrzej’s passionate about demystifying finance. He enjoys meeting clients at all levels of financial experience and helping them get more comfortable with the world of investment. That’s driven by his strong awareness of the importance of generating good returns to support retirement saving.  He complements his L&G career by lecturing on portfolio construction and asset allocation at London’s Queen Mary University.

More about Andrzej