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Are you affected by any changes?

If you contribute to your Co‑operative Investments ISA via a regular savings plan (ie monthly Direct Debits)
There is now a maximum limit for monthly contributions of £600. If you already contribute more than £600, we will have contacted you to explain your options. Otherwise, you don't need to do anything, but you may choose to increase your contributions to reflect the new annual limit of £7,200.

Applying for a new ISA
If you want to invest more than your annual ISA contribution allowance:

• You need to complete two applications – one for your ISA and one for your investment outside an ISA (ie normal unit trust) for amounts over your ISA limit.

• There will no longer be an automatic overflow facility if you exceed your ISA limit.

If you invest in The Co‑operative Investments with-profits product, Platinum Plus
Since 6th April 2008:

• We no longer accept new or additional lump sum payments into Platinum Plus

• If you contribute to Platinum Plus through a regular savings plan (ie monthly Direct Debit), you can continue contributing monthly but you cannot increase your contribution amounts. Regular contributions can be stopped or reduced, subject to the minimum contribution amount of £35 per month, but cannot then be increased again.

• There is now a minimum withdrawal amount of £200 from Platinum Plus ISAs.

• Your Platinum Plus ISA is classed as a Stocks & Shares ISA and contributions count as part of your annual contribution allowance.

If you have a CIS Cash ISA
You can no longer make any further payments into your CIS Cash ISA. You can, however, invest into a Cash ISA through our sister company, The Co‑operative Bank. It has similar features and competitive rates to the CIS Cash ISA. Click below for more information and for how to apply. The Co‑operative Bank Cash ISA

• Your savings in your CIS Cash ISA will continue to earn interest in the usual way, but you cannot make any further contributions.

If you had a CIS PEP (Personal Equity Plan)
All PEP accounts have become Stocks & Shares ISAs and are subject to the rules governing ISAs. These accounts are treated separately from any Co‑operative Investments ISAs you hold and the PEP investments do not count towards this tax year's ISA contribution allowance.