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Which Vantage account is for me?

Investing with Hargreaves Lansdown is easy. You simply open one of our award-winning accounts and you can start investing from a choice of thousands of different investments.

You can open any account with a lump sum using a debit card or by starting a monthly direct debit.

Here we give you the essential information so you can decide which might be right for you. Our Vantage Service is designed for investors who prefer to make their own investment decisions. If you are unsure of the suitability of an investment for your circumstances, please contact us for personal advice. Tax benefits will depend on your circumstances. Tax rules can change.

Most popular accounts

Stocks & Shares ISA

A Stocks & Shares ISA offers a simple and tax-efficient way to invest. You can still access your money at any time, but because of the tax advantages there's a limit on how much you can put into an ISA each year (up to £15,240 this tax year).

  • Open an account with just £100 lump sum or £25 per month
  • Invest up to £15,240 this tax year
  • Tax-free growth on your investments
  • No further UK tax on income
  • Access your money at any time

Ready-made ISA portfolio

A ready-made ISA portfolio provides a hassle-free and tax-efficient way to invest, with a low minimum investment of £1,000. You can hold other ISA investments alongside your ready-made portfolio if you wish.

More about ready-made ISA portfolios

Overview

Set up cost Free
Access to your money Any time
Vantage Service Charge (max.) 0.45% p.a.

View our charges

Eligibility

You must be a UK resident and over the age of 18

Open an ISA More about ISAs

Fund & Share Account

The Fund & Share Account is a low-cost, flexible investment account that allows you to deal, manage and hold a wide range of investments. You can manage all your investments online, over the telephone, or via our free apps.

  • No inactivity fees
  • Free to hold shares and low annual charge to hold funds
  • Free live share prices, continually updated and applied to your online portfolio valuation
  • No limits on how much you can put in
  • Income and growth potentially taxable
  • Access your money at any time

Overview

Set up cost Free
Access to your money Any time
Vantage Service Charge (max.) 0.45% p.a.

View our charges

Eligibility

You must be a UK resident and over age of 18

Open an account More about Fund & Share Accounts

SIPP (Self Invested Personal Pension)

A SIPP is one of the most tax-efficient ways of saving for your retirement. Our award-winning SIPP helps you to stay in control and manage your pension online 24/7 - with tools, watchlists and the latest research helping you make decisions whenever you want.

  • Open an account with just £100 lump sum or £25 per month
  • Up to 45% tax relief - £10,000 could in effect cost as little as £5,500
  • Tax-free growth on your investments
  • Generous contribution limits for all UK residents under 75
  • Access your money from age 55 (57 from 2028), 25% usually tax free

Overview

Set up cost Free
Access to your money Age 55 (57 from 2028)
Vantage Service Charge (max.) 0.45% p.a.

View our charges

Eligibility

You must be a UK resident

Open a SIPP More about SIPPs

Not sure which investment account is right for you?

Answer the following questions to see which account you might consider.

Who are you investing for?
When do you want to access your money?
Have you used your full Stocks & Shares ISA allowance for the current tax year?
Are you the child’s parent/legal guardian?
When do you want your child to access the money?
Am I eligible?
Am I eligible?
Yes, if you are UK resident and over age 18
Yes, if you are a UK private investor, company or investment club
Yes, if you are UK resident
How much can I contribute?
How much can I contribute?
Up to £15,240 (see rules)
Unlimited
Up to as much as you earn, effectively capped at £40,000 each year in most cases (see rules)
When can I take the money out?
When can I take the money out?
When you like
When you like
Usually from age 55 (57 from 2028)
Where can I invest?
Where can I invest?
Choose your own investments from funds, shares, bonds, cash, ETFs and more
Choose your own investments from funds, shares, bonds, cash, ETFs and more
Choose your own investments from funds, shares, bonds, cash, ETFs and more
Can I save tax?
Can I save tax?
  • Tax-free growth
  • No further UK tax on income
  • Tax-free withdrawals
No
  • Up to 45% tax relief on contributions if under age 75
  • Tax-free growth
  • No further tax on income
  • Up to 25% of withdrawals usually tax free, the rest taxed as income
How much does it cost?
How much does it cost?
Free to set up, low cost to run (full costs)
Free to set up, low cost to run (full costs)
Free to set up, low cost to run (full costs)
How can I manage my account?
How can I manage my account?
  • Online
  • iPhone, iPad or Android apps
  • Telephone
  • Post
  • Online
  • iPhone, iPad or Android apps
  • Telephone
  • Post
  • Online
  • iPhone, iPad or Android apps
  • Telephone
  • Post
Who is eligible?
Who is eligible?
Any child. However, children born between 1 September 2002 and 2 January 2011 will need to transfer their Child Trust Fund to a Junior ISA in order to open the account
Any child
Any child resident in the UK
Who can open the account?
Who can open the account?
Parent or legal guardian but anyone can contribute once open.
Any adult but account will be designated on behalf of child.
Parent or legal guardian but anyone can contribute once open.
How much can I contribute?
How much can I contribute?
Up to £4,080
Unlimited
£3,600 gross (£2,880 net)
When can the money be withdrawn?
When can the money be withdrawn?
No access until age 18 (except in the case of terminal illness or death)
No restrictions, although money should only be used for the benefit of the child
No access until retirement (usually from age 55, though this age is set to rise in future)
In whose name is the account held?
In whose name is the account held?
The child
Usually either a parent or grandparent
The child
What are the tax benefits?
What are the tax benefits?
  • Tax-free growth
  • No UK tax on income
No
  • 20% tax relief on contributions
  • Tax-free growth
  • No UK tax on income
  • Up to 25% tax-free lump sum plus taxable income at retirement
How can I manage my child's account?
How can I manage my child's account?
  • Online
  • iPhone, iPad or Android apps
  • Telephone
  • Post
  • Online
  • iPhone, iPad or Android apps
  • Telephone
  • Post
  • Online
  • iPhone, iPad or Android apps
  • Telephone
  • Post

With all our accounts you'll benefit from:

  • Peace of mind your investments are held securely
    We are regulated by the Financial Conduct Authority and look after £61.7 billion for our clients. Safety of our clients' assets is our priority. More about the protections we can offer your investments
  • Free research
    Free subscription to our Investment Times magazine packed full of investment ideas, research updates and tax saving tips. We also monitor over 90% of the funds that our clients hold (by number of investors) and send Vantage investors regular fund updates by email.
  • A specialist helpdesk on-hand
    Our Bristol-based Helpdesk is here to answer any questions you have about your portfolio or investing in general. There's no automated answering system, just friendly, knowledgeable people.

Because it's so easy I find myself checking it more regularly and taking a much more active management role than ever before, which has been very worthwhile - financially and educationally.

Mr Savage
Leicestershire - client for 15 years