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An ISA (Individual Savings Account) is a savings account available to UK residents on which the return is tax-free and which need not be declared on the investor’s tax return. All income (dividends and interest) and all capital gains within the account are free of tax. For the current year, 6 April 2024 to 5 April 2025 the overall investment limit is £20,000 (excluding the British ISA which has a separate £5,000 limit).

 

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Fundsmith launches new upgraded website

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Fundsmith
By Fundsmith

Fundsmith LLP (‘Fundsmith’), the fund management company founded by Terry Smith, today announces that it has launched a new, upgraded website with improved functionality for investors.

Over 13,000 clients will benefit from the newly designed interface to manage and monitor their investments online. The new site is responsive to viewing device, optimising the layout for screen size, whether mobile, tablet, laptop or desktop.

New My Account functionality includes:

  • Statement and tax voucher archive
  • Choice of username and password with online reminder and reset
  • Re-registration of personal details
  • Option to go paperless and turn off paper statement
  • Online redemptions

To access these and other new features, investors should re-register for My Account atwww.fundsmith.co.uk/user/register

Terry Smith, Founder and Chief Executive of Fundsmith, said:

“The fund management industry has largely turned its back on servicing regular savers, forcing them into the hands of expensive platforms. Fundsmith has always maintained its own free of charge investment platform for clients.

“We want to make investing with Fundsmith as quick, easy, convenient and safe as possible and have employed leading security and encryption technology to ensure the security of our clients’ payment details and other personal information.

“The investment that we have made does not end here as we intend to launch further online functionality including Junior ISAs, Secure Messaging and integration of ISA ownership of the Fundsmith Emerging Equities Trust plc. to ensure we remain at the leading edge of client service via the web.”