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Shepherds Friendly Minimum ISA Premium Reduced To £30 A Month

For UK savers ISA’s offer an excellent way to save tax-efficiently and all are encouraged to use their maximum annual tax free allowance to the full.

Now there’s good news from Shepherds Friendly who have announced a reduction in the minimum monthly contributions to their Stocks and Shares ISA from £50 a month down to just £30 a month.

The Shepherds Friendly ISA will also accept lump sum investments from £500 at a time, but for those who want to make monthly contributions, the new minimum of £30 a month will make tax-efficient saving even easier.

The ISA grows when it receives a share of the profits of the Shepherds fund and growth is free of income tax or capital gains tax. Shepherds do accept transfer-in of existing ISA’s from other providers.

Please note: All information within our news stories is correct at the time of publication, and we make every effort to keep content accurate. However sometimes information may be out of date. You should not rely on this information when making financial decisions as no financial advice has been given.