TD Waterhouse offers lifeline to last minute ISA investors

There are less than two weeks to go for investors to submit their ISA applications if they want to take advantage of this year’s allowance. With tax year-end falling on a Saturday, TD Waterhouse is offering a lifeline for last minute investors who don’t want to miss out.

The TD Waterhouse Investor Centre in London (Address: Mid City Place, 71 High Holborn), is opening its doors between 9am and 12pm on Saturday, 5th April to accept last minute ISA applications and subscriptions in person from new and existing customers.

The deadlines for ISA applications and subscriptions by other methods are as follows:

Phone or online applications must be made by 12pm Saturday, 5th April;
Paper applications or Shares Saves need to be received by TD Waterhouse in Leeds no later than 5pm on Tuesday, 1st April1;
Cheque subscriptions need to be received by TD Waterhouse in Leeds no later than 5pm on Monday, 31st March; and
Paper and phone, ‘Bed & ISA’ requests need to be received by TD Waterhouse in Leeds no later than 5pm on Friday, 28th March due to the T5 settlement period.

Angus Rigby, Chief Executive Officer of TD Waterhouse UK, said: “The race is on for investors to get applications in before the tax year-end and take advantage of the tax benefits available from an ISA. At TD Waterhouse we are aware that it is human nature to leave things to the last minute so we are opening the doors to our London Investor Centre on Saturday, 5th April to make sure that investors don’t miss on their ISA allowances this year.”

As an added bonus for ISA investors, TD Waterhouse continues to offer zero fees on ISAs and PEPs to both new and existing customers. With this pricing change, any Trading ISA or PEP account held with TD Waterhouse that has a valuation of £3,600 or more is not charged an annual administration fee (ISAs valued up to £3,599.99 will pay a fee of £30 plus VAT).

A TD Waterhouse Trading ISA can be used to hold shares or a combination of funds including a wide range of UK Equities, Gilts, Bonds, Investment Trusts, Unit Trusts and OEICs, and Exchange Traded Funds. By holding a wide range of these investments under one wrapper, investors are able to pool their assets, reducing dealing costs while also spreading their risk more evenly.

Other benefits available from a TD Waterhouse Trading ISA include:

Direct access to international equities from 16 international markets;
A wide range of funds with initial sales charges (ISCs) starting from as low as 0%;
Online trading fees start from £9.95 (no TD Waterhouse dealing commission is payable on purchases of Unit Trusts);
Customers will receive a single detailed statement and benefit from zero charges, simplifying their portfolio management.

Customers looking for more information about online trading or longer-term investment opportunities should log onto tdwaterhouse.co.uk or call 0845 607 6001.