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Collective Investment Account

The Collective Investment Account (CIA) is a flexible way of investing your money over the medium to long term, with no limits on the amount you can invest. It allows you to put money into a range of different investments, including unit trusts and open-ended investment companies (OEICs).

You’ll benefit from any growth of these investments, or any income from them: however you won’t get any favourable tax-treatment (as you do with an ISA) though utilising allowances, such as the personal savings, dividend allowance and capital gains tax exemption can help.

Our CIA is exclusively available through financial advisers. Here are some more details you need to be aware of.

  • To hold a CIA, you need to be aged 18 or over and be resident in the UK, Isle of Man, Guernsey or Jersey.
  • There’s no limit on the amount you can invest in a CIA. However, for maximum tax-efficiency, you should take advantage of your annual ISA allowance before investing in a CIA.
  • A CIA is usually considered a medium to long-term investment – that’s at least 5 years.
  • As with any investment product, the value of your CIA could go up or down. It could be worth less than you paid in.

Whether a CIA is right for you will depend on your personal circumstances so it’s best to discuss these with your financial adviser.

If you invest in an Old Mutual Wealth CIA, you will get access to our investment technology enabling you and your adviser to hold, monitor and manage your CIA - and any other fund-based investments you have with Old Mutual Wealth. So as your circumstances and goals change, you can change the investments held in your CIA accordingly.

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