Legal & General’s ISA website is open for last minute applications
ISA investors can apply online for a Legal & General ISA, for the 2006/2007 tax year, just a few minutes before the deadline at midnight on Thursday 5 April.Good news for investors who leave using their ISA allowance to the last minute.
Claire Stracey, Director Customer Marketing said: “If customers are looking to take full advantage of their annual ISA allowance but find they have left it too late to apply by other routes, we are able to accept customers’ applications and funds online, at the last minute, ‘right up to the wire’. But the best advice, as always, is that they should plan to get their application to us in plenty of time where possible.”
Legal & General’s easy to use online application allows ISA payments to be made using debit cards, up until midnight on Thursday 5 April. However, investors are advised to complete their online ISA application at least 15 minutes before the deadline to ensure their applications do go through in time.
And, more good news, customers still have time to take advantage of Legal & General’s special ISA offer. We will rebate the 2007 annual management charge for lump sum investments of at least £4,000 made into one of the five geographical index-tracking trusts within a Legal & General ISA before 30 April (the investment must be held until at least 31 December 2007). In fact investors could set up two ISAs, one for this tax year and one for the next tax year, and invest up to £14,000 free of annual management charges for 2007 (Note: This offer is subject to conditions)*.
Customers who wish to buy online should visit our website legalandgeneral.com/offer.
Alternatively, customers may use our telephone dealing service on 0800 092 0092, which on Thursday 5 April will be open until midnight to take applications and payment by debit card. Once again it is recommended that investors call by no later than 11.45pm to allow time for their application to be processed before midnight. Calls may be monitored and recorded. For the rest of the year the phone lines are normally open from 8am to 8pm Monday to Friday and 9am to 5pm weekends.
Special offer conditions:
The offer applies to five index-tracking unit trusts when held within an ISA,
UK Index Trust: the growth potential of over 700 companies from the UK stock market
European Index Trust: invests in the 15 largest stock markets in Europe outside the UK
US Index Trust: invests in the largest stock market in the world
Japan Index Trust: the potential for growth in an eastern economy
Pacific Index Trust: some of the world's fastest growing economies and emerging markets
(Note: The UK 100 Index Trust, which is also an index-tracking trust, is not included in this offer)
Legal & General is one of the biggest providers of index-tracking investments in the UK managing £162 billion as at 31 December 2006.
To be eligible for the rebate customers must not cash in part or all of their investment and must hold the same fund without switching until 31 December 2007. The refund will be paid in February 2008.
This offer applies to customers taking out a new lump sum ISA with a minimum investment of £4,000, PEP and ISA transfers of £4,000 or more and existing Legal & General ISA customers (pre 20 December 2006) who top up their investment by £500 or more before 6 April 2007. It does not apply to monthly contributions taken out in 2007.
Online applications for the special offer can be made up until 11.30 pm on 30 April 2007. Please note also that a debit card may have daily limits on the size and number of transactions and may not permit the same account number to be used for more than one payment into an ISA per day.
The value of an ISA investment (and any income received from it) can fall as well as rise, is not guaranteed and you may not get back the original amount invested. Exchange rate variations may cause the value of overseas investments to increase or decrease. An ISA should be considered a medium to long-term investment of at least five years.