Introducing our stocks and shares Lifetime ISA

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

Open a Lifetime ISA

With investment, your capital is at risk. Lifetime ISA rules apply.

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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 without paying tax on future returns.

Plus with Nutmeg you will get

  • Value for money
    We generally prefer to use exchange-traded funds (ETFs).

  • No hidden fees
    You’ll always know exactly how much you're 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.

Lifetime ISA calculator
Use the Lifetime ISA calculator to see what you could achieve

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

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

which, adjusted for inflation, is
Your contributions
Government bonuses

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, 0.19% average investment fund cost, and 0.08% average effect of market spread. Inflation rate is assumed to be 2.5%. While you must be under 40 to open a Lifetime ISA, you can continue to contribute to your Lifetime ISA until you reach the age of 50.

Lifetime ISA FAQ
Find out more about the Lifetime ISA

Is the Lifetime ISA a good choice for me?

Use our simple tool to help you to decide if the stocks and shares Lifetime ISA is a good choice for you

Try the tool

More questions? Read our FAQ

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 financial advice.

How much does it cost?

Choose an investment style to see how much you'd pay

If you invest


Your Nutmeg fee will be


There are no additional Nutmeg fees:

£0 Set-up fees
£0 Transaction fees
£0 Trading fees
£0 Exit fees

Additional costs of investing

  • Average investment fund costs, paid to fund providers:
    • Fixed allocation 0.18%
    • Fully managed 0.19%
    • Socially responsible investments 0.33%
  • Average effect of market spread of 0.08% per annum

Understanding the costs of investing

Transferring a part of your investment to another person without converting it to cash is known as an in-specie transfer. If you want to do this with any of your Nutmeg investments, we charge £20 per line of stock.

Three investment styles. One great service.

We offer three investment styles for you to choose from for your Lifetime ISA‌. All of our portfolios are diversified across asset classes, countries and sectors.

Remember, with investment your capital is at risk. The value of your portfolio could go down as well as up and you may get back less than you invest.

So why choose Nutmeg?


High quality, low cost

Diversified portfolios that spread risk across asset classes, geographies and industries, while keeping costs in check.


Expert management

Our experienced team doesn’t chase hot stocks or market fads. Instead, we choose sensible strategies suited for the long-term.


Award-winning ISA service

We're proud to have won Best Online Stocks & Shares ISA Provider at the Your Money awards four years in a row.

The smart way to invest

We take the best elements of a high-end investing service, strip out the complexity and cost, and provide it to you online.

See a free, complete preview of the portfolio we can build and manage for you

Get started

With investment, your capital is at risk.

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Related articles

Blog avatar lisa caplanby Lisa Caplan

The Lifetime ISA: Nutmeg invests your bonus from the start

The 25% government bonus for Lifetime ISA (LISA) customers was an attractive hook.

What is the Lifetime ISA?

The Lifetime ISA is an initiative launched by the government to encourage those aged between 18 and 39 to put money aside for their first home or retirement.

As featured in

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