You seem to be using a mobile device. There is important information that may be difficult to read on a small screen. If you cannot read the information please switch to a larger display.

Aviva Investment Account

Flexible, affordable investing

What's special about an Aviva Investment Account?

Aviva's Investment Account offers you access to a broad range of investments through a single account you can open and manage online.

  • Flexible – Make regular or single payments
  • Affordable – Open an account from £500, or make regular payments from as little as £50 per month

ISA or Investment Account? If you have used your ISA allowance for this tax year, and you still want to make more investments, you may want to open an Investment Account – even though you may pay some tax on any returns from an Investment Account.

We currently do not offer a cash ISA.

An Aviva Investment Account may be able to help you grow your money for all kinds of medium or longer-term goals.

The value of investments can go down as well as up and you may get back less than the amount that has been paid in.

Basic Facts for Aviva Investment Account

Things to consider

To invest in our Investment Account you must be:

  • Over 18
  • Resident in the UK

You may also be eligible if you, your spouse or civil partner work overseas for the UK Government

Please make sure you read:

These important documents explain the basis of the agreement you'll be entering into.

The Investment Account may be for you if you want:

  • to make regular payments each month of at least £50 or
  • to make an initial single payment of at least £500
  • an investment that aims to produce growth or income through investing in funds and shares
  • A medium to long term investment (five years or more)
  • the flexibility to stop, start or change your payments.

The Investment Account may not be for you if you:

  • can't commit to making regular payments of at least £50 a month, or an initial payment of at least £500
  • are not prepared to accept that the value of your investment could go down as well as up and you may get back less than you have paid in.
  • don't have regular access to the internet to allow you to manage your Investment Account.
  • don't feel confident to research and choose your own investments
  • prefer to deposit your money only in cash.

Charges

Aviva Charge

We've kept our charges simple and straightforward so you know exactly what you're paying.

  • Low Aviva charges of no more than 0.40% p.a
  • Reward you with lower percentage charges if you invest more

This is our annual charge for managing your Investment Account.

If you have an Aviva Stocks & Shares ISA or Pension as well as an Investment Account through this platform service we will use these to calculate the Aviva Charge. This approach rewards you for the total value of your holdings.

Value of portfolios Annual charge
First £50,000 0.4%
Next £200,000 0.35%
Next £250,000 0.25%
Amounts above £500,000 0%

The charges are calculated on a daily basis and taken monthly from the cash accounts

For example, if the total of your investments is £100,000 the annual charge will be:

0.4% of the first £50,000 = £200

0.35% for the remaining £50,000 = £175

Total Aviva charge = £375 per year

The example assumes the value of the investment remains at £100,000 throughout the year. If this value changes, the charge will change accordingly, since it's worked out on a daily basis.

You need to make sure there is enough money in the cash account to cover our charges. If there isn't enough money in your cash account we will automatically take the money from across your investments. For certain investments, we will not do this and we will contact you to make suitable arrangements for payment by you. For full details, please read the terms and conditions (PDF).

We'll give you 30 days' notice if we have to change our standard Aviva charge.

Paper correspondence charge

We will normally send you information about your account electronically. If you would rather receive paper correspondence there's a charge of £3.00 per month for this service.

Charges made depending on your investments

Fund manager charges

In addition to our Aviva charge, fund managers will also take charges that will depend on the investments chosen. These charges will be shown as the ongoing charges figure (OCF) or total expense ratio (TER). These charges represent the annual cost of managing the investment.

You can find full details of fund managers' charges on the Key Investor Information Document or Key Investor information for each investment at Choose your investments.

Paying in and investing

With your Investment Account, you choose how much you want to invest and where you invest it.

Regular or single payments

  • Payments into your Investment Account are made online. The process is simple – straightforward instructions on the website will show you what to do.
  • Make regular payments from £50 a month, or
  • Make additional single payments of at least £100 (subject to regular payments or a £500 single payment). These can be made by debit card or direct debit.
  • Change your regular payments whenever you want.
  • The money you use to open your account will be held as cash until you tell us how you'd like to invest it.
  • You can stop and re-start payments at any time.

Choosing your investments

A variety of different types of investments are available for you to choose from. These include:

  • Funds
  • You can also leave your money in the cash accounts.

We've a range of ready made funds that you can choose from based on how much risk you want to take, as well as a wider range of investments. Visit Choose your investments for more information.

You don't have to choose your investments as soon as you open an account. Your money can remain as cash within the cash accounts until you've chosen investments.

Making changes to your investments

We've made it simple for you to access your account and review your investments at any time you choose – you can do everything online.

What about tax?

You may have to pay some income tax and/or capital gains tax on any returns from your Investment Account or income you receive from it.

The amount of income tax and capital gains tax you pay will depend on your personal circumstances.

We will deduct income tax at 20% from any interest you receive. If you pay tax at a higher rate you will have more tax to pay to HM Revenue & Customs (HMRC). If you pay tax at a lower rate you may be able to obtain a refund from HMRC.

Your dividends are paid net of a tax credit which covers the tax payable for basic rate tax payers. If you pay tax at a higher rate you will have more tax to pay to HMRC.

We will not make any deduction for capital gains tax but you may have capital gains tax to pay (through self-assessment to HMRC) if your total gains in a tax year exceed your allowable deductions.

We've based our information on current UK legislation, but this may change in the future.

Taking money out

When can I get access to my money?

  • You're free to arrange to withdraw your money at any time without Aviva penalty.
  • The minimum withdrawal you can make is £100, or
  • You can set up regular withdrawals from £50 a month.
  • You can specify whether you'd like to fund your withdrawal by selling a particular investment, or spread the amount evenly across all your investments.
  • If you decide to withdraw your money, you can close your investment completely.

Remember:

  • You should think of investments as medium-to-long term investments, so you should expect to invest for five years or longer.
  • If you withdraw money, you may be withdrawing part of your original investment, not just any increase in its value. So the overall value of your investment may be reduced.
  • You should remember that the value of your investment can fall as well as rise, and you could get back less than the money you invested.
  • If you choose to sell an investment this could result in a tax liability.

Managing your account online

MyAviva

Managing your Investment Account online gives you control over what investments you buy, plus easy access to your account information whenever you want.

You'll access your account through MyAviva – our online service that provides a single, convenient location for you to manage the Aviva products you use.

Any documents you need will be stored within your MyAviva account, so you need never search around for information.

We'll contact you twice a year to let you know when your statement is available to view on MyAviva.

Here's what you can do

  • Make changes online
    You can review and change your investments at any time. If you have any queries, please contact us on 0800 285 1088.
  • Review your account
    Check how your investments are performing and the value of your Investment Account.
  • Self-service
    Apply for investments and manage them online. You can make payments by debit card or direct debit and can add, change and stop your contributions at any time.

Learn more about investing

Not ready to choose your investments? Open an Aviva Investment Account and pick your funds later

The value of investments can go down as well as up and you may get back less than the amount that has been paid in.

Seeking unbiased advice? Contact a financial advisor.

What are your goals?

Invest for your medium or long-term goals

Grow a nest egg

Peace of mind comes from feeling in control. If you've already set aside enough money to cover your shorter-term needs, and you've used your annual ISA allowance, the Aviva Investment Account might be able to help you feather that nest via medium or longer-term planning.

Save for education

Is your future graduate already prepping for A levels, or not yet prepping for pre-school? If you've already completed your prerequisites in the forms of shorter-term savings and the use of your annual ISA allowance, then give yourself a shiny apple and consider adding an Aviva Investment Account too.

Increase wealth

The Aviva Investment Account may be just the thing if you're feeling financially moreish, and have already used your annual ISA allowance. By combining Aviva's fast and easy online access with our family of around two thousand funds, you gain the ability to allocate your assets to suit your own strategy.

Learn more about investing

Not ready to choose your investments? Open an Aviva Investment Account and pick your funds later

The value of investments can go down as well as up and you may get back less than the amount that has been paid in

Seeking unbiased advice? Contact a financial advisor.

New to investing? Watch and learn

Important information

The information contained within the videos on the Savings and Retirement site was, to the best of our knowledge and belief, correct at the time of filming and unless otherwise stated, relates to the 2015/2016 tax year. Tax and pension rules may change in the future. These videos should not be used as a substitute for financial advice and the content may not apply to your personal circumstances. We strongly recommend that you contact your financial adviser before making any decisions relating to retirement. If you do not currently have a financial adviser you can find one at www.unbiased.co.uk

Should I save or should I invest?

Video transcript

Before you decide whether saving or investing is right for you, it's a good idea to ask yourself a few questions.

Do you have any debts?

If you do owe some money, you might be paying more interest on your debts than you could earn by saving or investing money. So consider paying any debts off first. It's also worth making sure you've thought about other aspects of your finances such living costs, insurance needs, spending money and so on.

Have you got a rainy day fund?

'Rainy days' are a fact of life.

But if you're really out of luck, you could get a real downpour... maybe redundancy or a temporary loss of income.

That's why it's a good idea to keep some money in an easy access account.

How do you feel about risk?

If you can accept some risk to your capital, investing might be for you. But if you don't want to risk your original investment, you may be better to stick with saving. It's all down to what you feel comfortable with, whichever way you decide to go.

You also need to think about when you might need your money?

Maybe you've got a specific goal in mind that's quite a few years away.

If so, investing could be for you – provided you're relaxed about not needing to access your money for a number of years.

You also need to know that the value of your investment is bound to have its ups and downs along the way, and you may get back less than you invested.

But if access to your money is important – or you want to keep the risks down – a savings account may be more appropriate.

One last question…

How much will you need for your retirement?

When you're preparing for retirement, there's plenty to think about.

As well as savings or investments, you need to consider a pension if you don't have one already.

If you're not sure where to start, see My Retirement Planner – it's a simple online calculator to help give you an idea what your income might be when you retire.

It'll help you get your thoughts together.

Investment Funds - Part 1 - How funds work

Video transcript

When we're talking about investment, the word 'fund' crops up again and again. But what, exactly, does it mean?

When you invest, you can simply buy shares, or other individual investments. That's one way of doing things.

On your own, you may be a small fish. But when you invest in a fund, your money is pooled with that of other investors.

Together, you can act like big fish....

Because even if you only have a relatively small amount to invest, you can split it across different investments and aim to spread the risk.

A professional fund manager takes charge of the fund.

They decide what to invest in. Maybe property, shares, fixed interest assets, cash, or a combination. According to the objectives of the fund, the fund manager might take an 'active' approach, aiming to beat the market by making decisions on which assets to buy, sell or hold at what time.

Or the fund might be a passive fund, simply aiming to 'track the market' by replicating the performance of an index (such as the FTSE)

Fund managers charge a fee to manage your money. Charges for passive funds are usually less than for active.

(text on screen): If you're unsure whether investing in a fund is right for you, you should speak to a financial adviser.

There's a lot to think about, and the amount charged is just one of the things you'll want to consider.

You also need to bear in mind that the value of a fund is not guaranteed and may fall as well as rise – so you may get back less than the original amount invested.

And you should understand that past performance isn't a guide to future performance.

Yes, investment is a complex subject, but there's no need to be left feeling... all at sea.

Talk to a financial adviser to find out what this means for you.

(text on screen):: www.aviva.co.uk/retirement/saving-for-the-furture/right-option-for-me

Investment Funds - Part 2 - How funds work

Video transcript

(text on screen) Choosing an investment fund

If you decide that you want to invest via a fund, the next step is to choose the kind of fund that might suit you. This means asking yourself some important questions...

(text on screen) What are your reasons for investing?

Perhaps you're saving for a specific goal...

...such as university fees.

Maybe you're looking to take an income from your money...

...or you could be saving for your retirement.

All of this could help you decide whether investing in a fund would be right for you, and if so, what style of fund might meet your aims.

(text on screen) How much risk do you want to take?

There's a very wide range of funds to choose from – some seek to take very little risk, others offer higher potential returns with a higher risk of losing money.

(text on screen) What areas and assets do you want to invest in?

Lots to decide on here. It's not just about choosing an area of the world – UK, Europe, or worldwide, perhaps – but also the types of assets you want to invest in. Through a fund, you can invest in shares, fixed interest assets (like gilts or bonds), property or cash.

When it comes to investment there are an awful lot of fish in the sea. Too many for some people. But it's possible to get some expert help to narrow down the choice.

Highly experienced investors may be comfortable self-selecting – moving their investments between funds themselves as they try to maximise returns.

But many people choose to narrow down the choice by opting for a ready-made investment, so their money is invested in a diverse range of assets within a single fund.

Finally, some providers offer select fund ranges to simplify things by keeping the choice down to a smaller number of expertly-selected funds.

(text on screen): If you're unsure whether investing in a fund is right for you, you should speak to a financial adviser.

There's a lot to think about, and the amount charged is just one of the things you'll want to consider.

You also need to bear in mind that the value of a fund is not guaranteed and may fall as well as rise – so you may get back less than the original amount invested.

And you should understand that past performance isn't a guide to future performance.

If you want to find out more about savings and investment, visit 'Savings or investment options for me to consider'.

(text on screen) – www.aviva.co.uk/retirement/saving-for-future/right-option-for-me

Planning for life's big events

Video transcript

Sometimes it seems as though life's biggest events tend to take us by surprise.

One minute we're hardly even thinking about the future.

And the next, well, we're in it.

Looking back, it can be hard to remember how we got where we are now.

And sometimes, you might wish you'd stopped to think a bit more along the way.

Okay, shall we play that again?

Whatever stage of life you're at, it's a good idea to think ahead to the next one.

Or the one after that.

Aviva can help you to consider what savings and investment options may be best for your own priorities as you plan for life's big events.

They'll still seem to come round more quickly than you'd expect... but you might be able to look forward to them with a little more confidence

See for yourself

Experiment with our investment calculator

Experiment with our investment calculator and see how different choices could impact your financial future

Experiment with our investment calculator

News & Views

News, insights and ideas to help you make the most of your money.

A quick guide to new tax rules with effect from 6 April 2016

A quick guide to new tax rules with effect from 6 April 2016

15 February 2016

Find out about the upcoming changes…

Keeping calm when the stock market tumbles

Keeping calm when the stock market tumbles

21 January 2016

10 tips on avoiding panic in turbulent times…

Stock market crashes - Food for thought if you're in your late 40s or early 50s

Stock market crashes - Food for thought if you're in your late 40s or early 50s

11 February 2016

A short guide to help you manage your portfolio during market turmoil…

Load more investment news

Already a customer?

You'll find many of our products in MyAviva – but if yours isn't there, you can look it up here:

Contact us about another product

Platform provider: Aviva Wrap UK Limited. Registered in England No. 4470008. Aviva, Wellington Row, York, YO90 1WR. Authorised and regulated by the Financial Conduct Authority. Firm Reference Number 231530.

Aviva UK Digital Limited introduces to Aviva Wrap UK Limited for Investment Accounts. Aviva UK Digital Limited is registered in England No. 09766150. Registered office: St Helen’s, 1 Undershaft, London EC3P 3DQ. Authorised and regulated by the Financial Conduct Authority. Firm Reference Number: 728985.