TAX WRAPPERS AVAILABLE ON TRANSACT
Transact provides access to a wide range of tax efficient wrappers
General Investment Account (GIA)
Enables clients to hold a very broad range of investments including some which may not be held within other wrappers, usually for tax reasons.
Individual Savings Account (ISA) (Cash and Stocks & Shares)
Enables clients to invest in cash, equities and collective investment schemes and receive certain returns tax free.
Junior ISA (Cash and Stocks & Shares)
Enables clients to invest in a tax efficient way on behalf of a child.
Lifetime ISA (LISA)
Enables clients to save in a tax efficient manner and attract bonuses for the long term but includes an option to use funds for the purchase of a first home.
Personal Pension
Enables clients to save in a tax efficient way towards retirement.
Self-invested Personal Pension (SIPP)
Enables clients to save in a tax efficient way towards retirement.
Section 32 Buy Out Bond
Enables clients to transfer-in existing benefits from other pension schemes.
Onshore Bond
A UK based individual life assurance policy which allows clients to invest in a tax efficient way and to link the value of their bond to a range of investments. It also provides a benefit on death.
Offshore Bond
An Isle of Man based individual life assurance policy which allows clients to invest in a tax efficient way and to link the value of their bond to a range of investments. It also provides a benefit on death.
Clients can also access Transact’s extensive asset range by setting up a GIA and linking it to a third party product such as a SIPP, Pension, Trust or Bond.