Skandia > Reviews > Good ISA envelope

Author's product rating:   

Competitiveness of APR
Product package
Additional Charges
Security and Privacy

Advantages:	wider range of funds to invest in
Disadvantages:	higher costs

Recommend to potential buyers:

yes

Full review

I took out a Skandia Multi ISA through an Independant Financial Adivser (IFA) and it has been a good product. As with all investments - it is often useful to take advice from a professional. I had a personnal recommendation for the IFA I used and he recommended a Skandia Multi ISA. It allows you to select different unit trusts to put into your ISA. The costs are higher but it does allow you to spread the risk and gain a broad exposure to different geographical regions and investment sectors. I'm not sure how many different funds you can choose from but it was more than enough for me - I was also grateful for the advice from our IFA on which funds to choose. You can either deposit a lump sump or pay in monthly. I found it a good product.