As your Save As You Earn scheme matures, this is the right time to start thinking about what next.
We're pleased you have chosen to consider EQi and our Flexible shares ISA
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Select
It's quick and straightforward to open an EQi Flexible Stocks & Shares ISA (FISA)
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Transfer
Transfer your shares into an ISA at the EQ Shareplan Portal
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Protect
An ISA allows you to keep any gains, both now and in the future, tax-free.
You've always invested in your future, why stop now?
Hands-on and tax smart
Once you exercise your option, you have 90 days to transfer the shares into an EQi Flexible Stocks & Shares ISA, protecting the value from Capital Gains tax.
And this can be just the start of growing a tax-free nest egg.
You can add to your Flexible ISA each month, making the most of the annual ISA allowance, secure in the knowledge that any gains you make will be free from Income and Capital Gains Tax.
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£3k
Capital Gains Tax annual allowance since April 2024
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£20k
Current annual tax-free ISA allowance
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90 days
Transfer your shares to your chosen ISA within 90 days of the date the shares are issued to you
Investment Risk warnings - The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance. EQi does not provide investment advice. If you are in any doubt as to the risk or suitability of an investment or product you should seek advice from an independent financial adviser. The extent and value of any ISA tax advantages or benefits will vary according to the individual's circumstances. The levels and bases of taxation may also change.
The ISA Factor
How a flexible ISA can work for you
A Stocks and Shares ISA allows you to invest up to £20,000 per year and any gains are tax-free.
Plus, we are one of the few providers to offer a flexible ISA. It means that with an EQi ISA, you have the freedom to withdraw money, and pay it back in the same tax year, without it counting against your annual £20,000 allowance.
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EQI EXPLAINS
Types of ISA
Learn the difference between a Stocks and Shares ISA, Lifetime ISA and cash ISA.
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EQi Explains
Tax efficiency
Learn more about the tax benefits of an ISA when transferring from a SAYE scheme
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EQi explains
How to transfer
Transferring your shares through the EQ Shareplan Portal, or consolidate your accounts from elsewhere
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EQi pricing
Tailored to your activity
EQi is committed to keeping costs low so what can you expect to pay?
Long Term thinking
Beyond having access to cash, what does investing offer? In a nutshell, investing is all about long-term potential.
The stock market is volatile, and for this reason, all investors need to be willing to plan for growth over a longer time frame.
Over a 10-year period, equities have been shown to outperform cash 91% of the **time.
Most of us accept that the state pension alone won’t provide what we need for a comfortable retirement.
In fact, *64% of people expect that savings and investments will be an important source of future income, with only one in ten planning to rely on a personal pension alone.
Although there are no guarantees when it comes to investing, potential growth is why people look to invest, particularly as higher inflation erodes the value of cash savings.
Disclaimer*
Why EQi
We believe that investing should be a norm, not a niche.
It is not possible to know precisely how much income we will need in later life and it is why we focus on tools and insight that make investment accessible. Insightful customer education, access to the views of external analysts and calculators which are a useful tool to see what is possible and over what time frame.
If you value financial independence, you’ll find what you need to make informed decision and take control of your investments at EQi.
It could be the start of a whole new way of looking at your future.
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EQi explains
First time investors
Most of us are happy to ‘invest in our future’ but which steps we should take to secure financial freedom later in life is often less clear.
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Get started
Investment calculator
How much do you need to invest each month to reach your investment goal?
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GET STARTED
Retirement calculator
What do you need to put aside each month to reach your retirement goal?
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EQI EXPLAINS
D.I.Y Investor
Receive up-to-date content straight to your inbox, including the independent DIY Investor magazine.
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Ready to open your Flexible ISA?
If your employer has let you know that your SAYE or share scheme has matured, you have the option to open a tax-efficient investment account with EQi.
You can find your option price, potential gain and transfer your shares at the EQ Shareplan Portal. [link]
For further information on how to open an account, please refer to your scheme provider.
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Important Information
Before opening an EQi account, please read our Important Information documents including the terms and conditions of the service to make sure it’s right for you.
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FAQs
We have an FAQs page dedicated to answering any questions EQ employee share plan customers may have about their maturing schemes and the transfer to EQi.
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Contact us
If you have a question about the transition to EQi or have any accessibility needs, you can call our Customer Experience Centre on +44 (0) 345 0700 720. Our opening hours are 08:00 to 17.30, Monday to Friday, excluding UK Public holidays.
*Disclaimer
Unless otherwise agreed by Square Mile, this document is only for internal use by the permitted recipients and shall not be published or be provided to any third parties. This document is for the use of professional advisers and other regulated firms only and should not be relied upon by any other persons. It is published by, and remains the copyright of, Square Mile Investment Services Ltd (“SMIS”). SMIS makes no warranties or representations regarding the accuracy or completeness of the information contained herein. This information represents the views and forecasts of SMIS at the date of issue but may be subject to change without reference or notification to you. This document does not constitute investment advice, a recommendation regarding investments or financial or investment advice in any way and shall not constitute a regulated activity for the purposes of the Financial Services and Markets Act 2000. This document shall not constitute or be deemed to constitute an invitation or inducement to any person to engage in investment activity. Should you undertake any investment activity based on information contained herein, you do so entirely at your own risk and SMIS shall have no liability whatsoever for any loss, damage, costs or expenses incurred or suffered by you as a result. SMIS does not accept any responsibility for errors, inaccuracies, omissions, or any inconsistencies herein. Unless indicated, all figures are sourced from FE Fund info. Past performance is not a guide to future returns.