What is the minimum investment amount required?
The minimum investment amount required with Scottish Widows varies depending on the type of product you are interested in. For individual savings accounts (ISAs), the minimum investment is typically £1, while the minimum for funds is £20 per month or £500 lump sum. For pension plans, the minimum contribution varies, but it can start as low as £20 per month. Additionally, the minimum investment for offshore bonds is usually £10,000 or the currency equivalent. These minimum investment amounts ensure that our products remain accessible to a wide range of investors, allowing them to start building their savings and investments with Scottish Widows.
Answered May 3, 2024
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