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Additional investing power at no extra charge

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A final element to your Modular iPlan

Most investors primarily use the Modular iPlan to access the tax advantages of a SIPP or ISA. But there is also a third element to boost your investing power – General Investment Account A flexible investment plan offered by James Hay Partnership offered alongside ISAs and SIPPs. Any income and capital gains made in the account are taxable. But there are no limits on how much can be invested and investors are free to access their money at any time. In this way, a GIA can be useful for someone who has invested the maximum into their ISA. (GIA).

The GIA can hold a range of investments directly for no extra set-up fee. The income and capital gains made in the account are taxable. But there are no limits on how much you can invest and you’re free to access your money at any time.

So if you have reached the maximum investment into an ISA, the GIA can provide a valuable way to keep building out your investment portfolio. Plus it can be viewed and managed online alongside the other elements of your Modular iPlan.

Your investment strategy, your way

Like other elements of the Modular iPlan, the GIA offers extensive investment choice. Alongside the 3,700+ funds offered by the James Hay Investment Centre, you can add a Whole of Market Module in order to include other third-party Investment Managers or investments.

As always, you only pay for these additional modules if and when you use them.

What the GIA offers:

  • Over 3,700 funds through our online Investment Centre
  • Stockbroker services
  • Whole of Market module to access other third-party funds and Investment Managers of your choice
SIPP (must be included)ISA (optional)GIA (optional)
Contribute up to 100% of annual taxable income, normally subject to £40,000 limit* Invest up to £20,000 a year (2024/25 limit) No investment limit
Tax relief given on contributions No tax relief on what you invest No tax relief on what you invest
Fund grows largely tax-free Fund grows largely tax-free Fund growth is taxable
Can usually only be accessed from age 55 Access at any time Access at any time
Take 25% of fund tax-free Take 100% of fund tax-free Income and capital gains subject to tax
Optional investment modules
- Whole of Market
- Commercial Property
Optional investment modules
- Whole of Market
Optional investment modules
- Whole of Market

*These are the limits for contributions receiving tax relief; non-taxpayers can contribute up to £3,600; unused contribution allowances can be carried forward to the next tax year

Who can open an GIA?

  • You must be 18 years old or over
  • You must not be an undischarged bankrupt
  • You need to have a Modular iSIPP to apply

Please remember

The Modular GIA is not suitable for all investors. We strongly encourage you to get financial advice before proceeding. James Hay Partnership is not authorised to give financial advice. If you do not already have a financial adviser, you can find an authorised adviser in your local area at www.unbiased.co.uk or call 0800 023 6868. You can also get useful and impartial information about pensions, savings and investments from the MoneyHelper (www.moneyhelper.org.uk).

Tax Risk Warning

Current tax legislation and HMRC practice could change in the future. This may affect the value of your investments. In addition, your individual circumstances will impact the tax treatment of your Modular GIA and may also be subject to change in the future.

Capital At Risk Warning

The value of your Modular GIA will be determined by the valuation of all the investments held within it. Depending on the type of investments that you choose to hold within your Modular GIA, some of these may not return the amount you initially invested especially where their value can go down as well as up.

There are risks to investing. To read more about them, click here.


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