The Strawberry Investor Direct platform allows you to open up three types of investment account. You can view, value and place orders within all three accounts via one simple login and is a great way of constructing your investment portfolio for the first time. Just open one account to start with and then add others to your investment account as and when you want to. It is important to take into account that all investments carry a certain level of risk.

General Investment Account (“GIA”)

The GIA is a basic fund & share account. The tax you pay will depend on the types of investment funds held and your personal circumstances.

Aims of the Account

  • to allow you to invest over the medium to long-term
  • to allow you to select and purchase a wide range of investments
  • to allow you to invest an unlimited amount of money without any caps or restrictions on when you can make withdrawals

Charges

  • no account set-up or annual charges

Open a General Investment Account (“GIA”)

 

Individual Savings Account (“ISA”)

The NISA allows you to invest in a tax advantaged environment where you pay no capital gains tax on the growth of your investment funds and no further tax on income received.

Aims of the Account

  • to allow you to invest over the medium to long-term
  • to allow you to select and purchase a wide range of investments
  • to allow you to invest up to the HMRC ISA limit each tax year and to transfer in previous years ISAs (including cash ISAs)

Charges

  • no account set-up or annual charges

Open an Individual Savings Account (“ISA”)

 

Self-invested Personal Pension (“SIPP”)

The SIPP is a registered pension scheme which allows you to make your own investment decisions while saving for your retirement. It is a long-term investment vehicle and is designed to provide you with an income in retirement.

Aims of the Account

  • to allow you to invest over the long-term for your retirement
  • to allow you to select and purchase a wide range of investments
  • to allow you to make pension contributions up to the lower of the HMRC pension saving annual allowance and your relevant UK earnings
  • to offer tax incentive benefits granted by HMRC to registered pension schemes
  • to allow you to transfer in existing UK registered pension schemes

Charges

  • No account set-up charge and an annual account charge of just £100 plus VAT deducted quarterly in arrears

Open a Self-invested Personal Pension (“SIPP”)