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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 could 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?

Fully managed portfolio Fixed allocation portfolio
Annual cost 0.75% 0.45%
+ 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.

The more you put into Nutmeg — across Lifetime ISA, stocks and shares ISA, general or pension — the lower your fees.
See the fee if you plan to invest over £100k.

£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.