Individual Savings Accounts (ISAs)

Further information about the changes after 6 April 2005

I have been told that my policy will fall in the Mini cash component. Can I continue paying into it and take out a separate £3,000 cash deposit component?

No. Unless both are held with the same ISA manager, from April 2005 you cannot take out a separate Mini cash deposit component whilst also continuing to pay into an insurance policy which falls in the cash component.

Even if the same ISA manager manages both products, the total that you may invest in the two products is restricted to £3,000.

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