We offer a comprehensive range of tax wrappers to meet your clients needs – for now and in the future. You can apply for the accounts below through the Advance by Embark Platform.
All ISAs on the Advance by Embark Platform are flexible ISAs. Your clients can deposit up to the £20,000 ISA limit (2020/21 tax year), as well as replace any withdrawals taken from the ISA in the tax year.
What does this mean for your clients?
The Advance flexible ISA will allow your clients to replace withdrawals taken out of their ISA, without the replacement contributions counting towards their ISA subscription; giving them peace of mind that they can manage their money in a way that suits them. In addition, adviser remuneration which is treated as a client withdrawal can be replaced in their ISA to maximise their benefit from the ISA wrapper.
This account is only available within a Advance Portfolio. Your client is eligible for this account if they:
The Advance Portfolio charge is a percentage charge based on the value of the assets under administration in the client’s Advance Portfolio. Cash held in the Stocks and Shares ISA and any assets detailed under the notepad do not attract the charge or contribute to its calculation.
For more information on our charges, take a look at our ‘Easy to understand charges – at a glance’.
As with all investments, there is some risk involved:
Over time, inflation will reduce buying power of money.
Keep your clients’ account in check and up to date.
Taking money out of an account
You can arrange regular withdrawals monthly, quarterly, half-yearly or yearly. You can take one-off withdrawals from available cash in your clients account at any time.
Transferring from the account
You can transfer your client’s Stocks and Shares ISA at any time to another Cash ISA or Stocks and Shares ISA Manager either as cash transfer or re-registering the assets.
If your client wishes to re-register the assets, you must register:
Closing an account
If you, or your client, change your mind regarding the Advance Stocks and Shares ISA, the account will be cancelled within 30 days of the customer receiving a cancellation notice. You can contact us by post at Advance Portfolio Team, PO Box 1200, Cheltenham, GL50 9UP or by email at firstname.lastname@example.org
If your client passes away, we will move the assets into the investment account. A spouse can elect to have the assets reregistered into their ISA under Additional Permitted Subscription (APS) rules.
We can accept APS cash payments where the deceased ISA was held with a different provider.
Allows your clients to replace withdrawals taken out of their ISA, without the replacement contributions counting towards their ISA subscription.Learn More
Clients benefit from tax relief on their payments, benefits to their beneficiaries if they die and a choice about how and when they can take retirement benefits.Learn More
Tax efficient gifting between generations on the Junior stocks and shares ISA.Learn More
The addition of Accidental Death Cover, provided by Zurich Assurance Limited, could help give your clients added peace of mind.Learn More