True Potential is an award-winning financial services and technology organisation, currently working with close to 20% of UK financial advisers.
Stocks & Shares ISA
True Potential’s Stocks & Shares ISA is a tax-efficient savings scheme that allows you to invest up to £20,000 in the 2023/24. Using up your allowance each year can significantly boost your investments and save you tax when compared with other saving and investment products.
You can open an account from £50.
There are no initial charges or annual charges for the tax wrapper, and no dealing fees or penalties for withdrawals. The ISA is available to all clients of True Potential financial advisory services and investment advisory services, as well as through over 700 directly authorised firms it works with. To invest you must be a UK resident aged 18 or over.
Junior ISA
True Potential’s Junior ISA is an affordable way to save for your child’s future if they don’t have a Child Trust Fund. The money in the ISA belongs to the child, who can withdraw it when they reach 18. Anyone can pay into this account – grandparents, relatives and friends – you can open a Junior ISA with an initial investment of just £50, up to a maximum allocation of £9,000 tax-free. The ISA is available to all clients of True Potential financial advisory services and investment advisory services, as well as through over 700 directly authorised firms it works with.
Other Services
True Potential offer a range of investment accounts, onshore and offshore bonds, personal pensions and more.
True Potential Reviews and Ratings
Online reviews for True Potential are very good with users recommending the down to earth, reliable and knowledgeable staff, the professional communication and feedback offered, as well as the great service delivered. It has been cited as a modern, dynamic, professional company that is technology driven.
Trustpilot – 4.2/5 (based on 589 reviews)
Facebook – 4.1/5 (based on 18 reviews)
Pros
- Specialist Stocks & Shares ISA
- A Junior version of the ISA also available
- No initial charge or annual charges for the tax wrapper
- No dealing charges
- No penalties for withdrawals
- Fast easy online setup
- Award-winning Wealth Platform technology
- Excellent customer reviews – a modern, dynamic, professional company
- Authorised and regulated by the Financial Conduct Authority
Cons
- Stocks & Shares ISAs only
- Lifetime ISAs or Cash ISAs not offered
- No provision for Innovative Finance ISAs either
- Initial investment of £50 is required to open an account
- To invest you must be a UK resident aged 18 or over
Website: True Potential