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Introducing the stocks and shares Lifetime ISA

Take advantage of the 25% government top-up towards your first home or retirement.

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With investment, your capital is at risk.

Benefits of a
Lifetime ISA



  • Get a 25% government bonus
    For every £4 you invest you receive a £1 bonus, up to a maximum of £1,000/year, to put towards your first home or retirement.

  • Save tax
    Contribute up to £4,000 each tax year, from 6th April 2017, without paying tax on future returns.

Plus with Nutmeg
you will get



  • Value for money
    We invest only in high-quality, low-cost exchange traded funds.

  • No hidden fees
    You’ll always know exactly how much you are paying.

  • We’re here for you
    If you ever have a question our support team are available by phone, web chat or email.

  • Easy to set up
    Pay in from £100 to £4,000 to start your Lifetime ISA. Additional payments will be available soon.


Use the Lifetime ISA calculator to see what you can save

I am years old and I can pay £ into a stocks and shares Lifetime ISA each year.


Home
For your first home
in years
With % returns, you could have

which, adjusted for inflation, is
Your contributions
Government bonuses

Retirement
For your retirement
at age 60
With % returns, you could have

which, adjusted for inflation, is
Your contributions
Government bonuses

Remember that forecasts are not a reliable indicator of future performance.

Figures used in our Lifetime ISA calculator include the effect of 0.75% Nutmeg fee and 0.2% average investment fund cost. Inflation rate is assumed to be 2%. While you must be under 40 to open a Lifetime ISA, you can continue to contribute to your Lifetime ISA until age 50.


A Lifetime ISA may not be right for everyone


  • You must be 18–39 years old to open one.

  • If you need to withdraw the money before you’re 60, and it’s not for the purchase of a first home up to £450,000, or a terminal illness, you’ll pay a 25% government penalty. So you may get back less than you put in.

  • Compared to a pension, the Lifetime ISA is treated differently for tax purposes. You may be better off contributing to a pension.

  • If you choose to opt out of your workplace pension to pay into a Lifetime ISA, you may lose the benefits of the employer-matched contributions.

As with all investing, your capital is at risk. Tax rules may change in the future. If you are unsure if a Lifetime ISA is the right choice for you, please seek independent financial advice.

How much does it cost?

Investment value Fully managed portfolio Fixed allocation portfolio
On your first £100,000 0.75% 0.45%
Anything beyond £100,000 0.35% 0.25%
+ investment fund costs 0.19% avg 0.17% avg

When investing, regardless of your provider, there are always some underlying fund costs. We try to keep them as low as we can so you get better net returns.

£0

Setup or exit fees

We won't charge you for setting up an account.

£0

Transaction fees

We won't charge you for paying in or withdrawing.

£0

Trading fees

We handle all the trading for you at no extra charge.


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With investment, your capital is at risk.