Investment Plans
Halifax Share Dealing Limited (“HSDL”) is the Administrator and Plan Manager for our Investment Plans. If you wish to administer and view your plan(s) online, please follow this link to access the HSDL online service. You will require to have a ten digit Personal Reference Number to initially register for the service. This number was supplied to you at the time of your account being opened. If you have lost this number, please contact HSDL on 0845 850 0181.
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Please click here to view the PAT Investment Plan Brochure which includes the Key Facts, Terms & Conditions and Order Handling Policy.
Personal Assets Zero Charge ISA
Our Individual Savings Account (“ISA”) provides a tax-efficient and cost-effective way of investing in the ordinary shares of Personal Assets Trust without incurring any initial or annual plan charges for so doing.
Our ISA will only accept initial investments of £11,520 each tax year. Investments can be made by either lump sum or regular monthly savings.
Investments may only be made in cash unless you are transferring an ISA from another ISA manager. Please see the ISA Transfer section below for the details of this scheme.
Personal Assets Zero Charge ISA Transfer
As above, the ISA transfer scheme provides a tax-efficient and cost-effective way of investing in the ordinary shares of Personal Assets Trust.
You may transfer in the cash value of ISAs held with other ISA providers. The minimum amount you may transfer is £5,000. The maximum amount you may transfer is limited only by the cash value obtained from the sale of your existing ISAs.
Any Personal Assets Trust shares held with other ISA providers may be transferred in specie.
Your existing provider(s) may charge for this service, but we will not.
Personal Assets Zero Charge Investment Plan
The Plan provides three cost-effective ways of investing in the Ordinary shares of Personal Assets Trust plc (“the Company”) without incurring any initial or annual plan charges for so doing.
The three plan options are:
1. The Single Investment Option – (minimum investment £5,000 with no maximum) allows investors to acquire shares to be held in the Plan without having to do so through a stockbroker. Planholders can choose to have their dividends re-invested or to receive them in the normal way, as cash.
2. The Monthly Investment Option – (minimum investment £500 per month with no maximum) allows investors to make regular investments by direct debit only. As above, dividends can be re-invested or paid away.
3. The Cash Income Option – allows investors receive a quarterly cash income from the sale of shares held in your account. The minimum quarterly withdrawal is £500 and there is no maximum.
Investment Plan application form
All of our schemes require that new investors are resident and ordinarily resident in the United Kingdom for tax purposes or, if not so resident, either perform duties which, by virtue of Section 28 of Income Tax (Earnings & Pensions) Act 2003 (Crown employees serving overseas), are treated as being performed in the United Kingdom, or are married to, or in a civil partnership with, a person who performs such duties.
You must have a valid UK address where we will correspond with you about your account, and at which we will be able to verify your identity. You must also provide details of a nominated bank account in your name or which you hold jointly with someone else.
New overseas investors can no longer participate in our plans.
