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The investment market update

“Tariffs are generally accepted as bad news in the short term”

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Welcome to brighter investing

If you opened your account before January 2023, you can now manage it with our improved Investments and Pensions Online Service. With the option to go paperless. More features, more security, less hassle.

Find out how you can have an improved online service

Questions and answers

You can make payments into your ISA by:

  • Debit card – if you're making a one-off payment.
  • Direct debit – if you're making monthly payments.
  • Transferring another ISA to us – you can transfer Cash ISAs and Stocks and Shares ISAs from other providers, in part or in full.

You can stop, start or change your payments whenever you like, as long as you don't go over your ISA allowance for the tax year.

The current ISA allowance is £20,000 for each tax year. You don't need to invest your whole allowance in one ISA - instead, you could spread it around.

For example, you could put some into a Cash ISA and some into a Stocks and Shares ISA, but you'll need to make sure you don't pay more than the current annual allowance into your ISAs each year.

You can find up to date info on gov.uk about the current ISA allowance.

You can transfer the below types of ISA to your Virgin Money Stocks and Shares ISA:

  • Cash ISA
  • Stocks and Shares ISA

You won't be able to transfer:

  • Help to Buy ISA
  • Innovative Finance ISA
  • Lifetime ISA
  • Junior ISA
  • A Current Tax Year ISA with life insurance

It's easy to transfer an eligible ISA over. You can either select 'Transfer' when you apply, or if your new ISA is open, go to your dashboard in Online Service and select 'Transfer' from there.

If you opened your account before 1 January 2023

If you want to make a transfer and don't use Online Service, give us a call and we'll be happy to help.

Have a look at our funds page. There's lots of info about each fund and how it's performing.

You can also read a quick update from our investment experts every quarter about the different factors affecting the market, and their impact on fund performance. Hear from our investment experts.

View all questions and answers

Other important information