Transact provides access to a wide range of tax-efficient wrappers that can help shield your savings and investments from tax
Most people have heard of pensions and ISAs, but we also offer other tax wrappers such as bonds. Your adviser can give you more information on these tax wrappers and whether they are appropriate for your circumstances and financial goals.
Wrappers you can invest in with Transact
An investment account with no contribution limits, allowing access to a wide range of assets. Unlike other wrappers, it does not provide tax sheltering, so income and gains may be taxable. It’s often used once tax-efficient allowances have been fully utilised or where accessibility is key.
A tax-efficient wrapper that allows clients to invest in cash or a wide range of assets. Income and capital gains generated within an ISA are free from UK tax. It provides a simple and flexible way to build long-term savings.
A tax-efficient way to invest on behalf of a child, with all growth free from UK tax. Funds aren’t typically accessible until the child reaches age 18, helping to build a long-term financial head start. Contributions are subject to annual allowances.
Designed for long-term saving, with a government bonus applied to contributions (subject to limits). It can be used to support a first home purchase or retirement planning. Withdrawals outside qualifying events may incur penalties.
A tax-efficient way to save for retirement, with tax relief on contributions and tax-free growth. Investments can be selected to align with individual retirement goals and strategies. Access is typically restricted until later life, supporting long-term planning.
A flexible pension wrapper that offers the same tax advantages as a personal pension, including tax relief on contributions and tax-free growth.
A pension wrapper used to hold benefits transferred from occupational pension schemes. It can preserve certain benefits that may have been attached to the original scheme. Typically used as part of consolidation or legacy planning.
A UK-based investment bond that allows clients to defer personal tax on investment growth. It can be useful for tax planning, including estate planning strategies. It also provides a life assurance element, paying out on death.
An offshore life assurance bond that offers gross roll-up of investments and tax deferral advantages. It is often used for long-term tax planning, particularly for higher-rate taxpayers or those with complex needs. Like onshore bonds, it includes a life assurance component.
Comprehensive access to funds and investment solutions
Your adviser will recommend funds or other assets to be held in the wrapper they recommend. We have one of the most comprehensive ranges of assets in the market, providing access to funds from around 400 fund managers. Due to our scale, we have been able to negotiate discounts on initial fees that sometimes apply when investing in some funds.