If you have a cash ISA, you won’t lose any tax benefits by making withdrawals, but fees and penalties may apply. With an instant access cash ISA, you can withdraw money without any restriction. With a fixed term cash ISA you will have to pay a penalty to access your money, typically a certain number of days’ interest. If your ISA is ‘flexible’ you can withdraw money and replace it during the same tax year without it affecting your current year’s allowance.
*Past performance is not a reliable indicator of future results. The value of your investment may fall as well as rise, you may not get back what you put in.
A pension is a long-term investment. The fund value may fluctuate and can go down. Your eventual income may depend on the size of the fund at retirement, future interest rates and tax legislation.
Tax treatment is dependent upon individual circumstances and may be subject to change in the future.
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Willow Financial Solutions Ltd is an appointed representative of pi financial Ltd, which is authorised and regulated by the Financial Conduct Authority (FCA186419) Financial Conduct Authority. Willow Financial Solutions Ltd is registered in England at Willow Financial Solutions Ltd, 319a Uttoxeter Road, Blythe Bridge, Stoke-on-Trent, Staffordshire, ST11 9QA. Registration No. 9837053 pi financial Ltd is registered in England at Morfe House, Belle Vue Road, Shrewsbury, SY3 7LU. Registration No. 3556277
In the event that you are dissatisfied with a recommendation we have made you may be entitled to make a complaint. We have a complaints procedure that is available on request. If you wish to register a complaint, please contact us.
In writing: Write to The Compliance Director, pi financial ltd, Morfe House, Belle Vue Road, Shrewsbury, Shropshire, SY3 7LU; By Telephone: +44 (0) 1743 282222; By Email: compliance@pifinancial.co.uk. For your further protection if you cannot settle your complaint with us, you may be entitled to refer it to the
Financial Ombudsman Service (‘FOS’) at www.financial-ombudsman.org.uk or by contacting them on 0800 023 4 567.*
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