General Investment Account top FAQs answered

We’ve answered the top questions from new General Investment Account (GIA) customers to get you started on your investing journey.

What is a General Investment Account?

A General Investment Account (GIA) is an investment account. It’s usually used by investors that have hit their £20,000 ISA allowance in a tax year. That’s because a GIA is a way to keep investing outside of a tax wrapper like a Stocks & Shares ISA.

If you’re investing with a GIA without having first hit your annual ISA limit with a Stocks & Shares ISA, you might want to consider adding more money to your Stocks & Shares ISA first to avoid the tax that you might have to pay on your gains with a GIA.

 

What can I invest in?

When you opened your GIA, you were asked to choose one of three Starting Options – Cautious, Balanced, or Adventurous. This tells us how much risk you’re comfortable with and how your investments should be allocated. Each Starting Option allows you to invest in a range of different tracker funds.

If you’d like to, you can customise the asset allocations of our suggested Starting Options to create a personalised portfolio. This gives you more investment choice, including access to our range of ETFs.

 

How did you design the Starting Options?

Our Starting Options were designed by experts to give you a different level of return in line with how comfortable you are with accepting risk. For more information on a specific fund, check out the fund’s Key Investor Information Document (KIID) in-app.

If you want more investing content, check out our Investing Academy. It’s a step-by-step guide to help build your confidence and set you up for success on your investing journey. 

 

Go to Investing Academy

 

All investing should be long term (min. 5 years). The value of your investments can go up and down, and you may get back less than you invest.