Standard Life shares

rfctabs

Thanks for the info guys.

I guess the point for me is the tax advantage. Dividend tax is capped at the 10% deducted on payment, regardless of the tax band the investor is in. There is also no capital gains tax payable, which may not be a benefit to everyone but over time as the funds (hopefully) build up it may become so.

There's an interesting Telegraph article here

http://www.telegraph.co.uk/finance/personalfinance/investing/isas/9896924/Bed-and-Isa-How-saving-in-an-Isa-could-cost-you-more.html

that explains why Bed and ISA may not be for everyone - it's worth a look.