Flexible, tax-free saving that lets you pick and mix

Our Options ISA is all about flexibility, with three investment options (Anytime Access, Non Guaranteed and Protected Growth) to help you really get the most from your tax-free savings allowance. Pick just one option or split your money across the ones you choose, with this sweeter way to save that puts you in control.
  • A stocks and shares ISA that gives you three different, tax-efficient investment options
  • Save lump sums, regular amounts or both
  • Choose the options that meet your needs, from total security to accepting some risk for a potentially better return
  • Available to the whole Police family

The ISA with tempting options

    • Perfect for all members of the Police family who want to keep their money safe and secure, with a money-back guarantee
    • A good option if you want to save over a shorter period of time
    • Open with just a £40 initial lump sum or regular payments of £40 every month
    • Growth potential is low so keep in mind that inflation will reduce what you could buy with your payout.
    • Charges apply for this product, please see our Key Features Document

    The value of tax benefits depends on your individual circumstances and tax rates or legislation which could change in the future.

    • The option with potentially higher returns but, unlike our other options, there are no guarantees
    • You’re not required to invest for any set timescale, but this is a good choice for those looking to save over a longer period
    • Open with just a £100 initial lump sum or regular payments of £40 every month
    • The growth of your savings in this option will depend on the investment performance of our Life Fund
    • Charges apply for this product, please see our Key Information Document


    See how our Non Guaranteed option has performed here.

    The value of tax benefits depends on your individual circumstances and tax rates or legislation which could change in the future.

    With the Non Guaranteed option, your money can go down as well as up and you may get back less than you put in when you withdraw your savings.

    • A good choice for those who want to save a lump sum over five years or more, with guaranteed protection*
    • Good for savers seeking growth potential, with the peace of mind of money-back guarantee points, plus the opportunity to lock in growth every five years
    • No need to save for a set period but this option should perform best if money is to be invested until at least the next five-year set guarantee point
    • Open with just a £1000 initial lump sum
    • The growth of your savings in this option will depend on the investment performance of our Life Fund
    • Charges apply for this product, please see our Key Information Document


    See how our Protected Growth option has performed here.

    The value of tax benefits depends on your individual circumstances and tax rates or legislation which could change in the future.

    With the Protected Growth option, if you withdraw your money other than on the five-year set guarantee points, you may get back less than you have put in.

    *A money back guarantee at five-year set points with any gains made also locked in. However, if you withdraw your money other than at the five-year set guarantee points, you may get back less than you put in.

The (not so) small print

These products are provided by Police Mutual Assurance Society Limited, trading as Police Mutual. More information is available on our legal page.

Open Quote

We're here to help

Mon-Fri 8.30am-5.30pm
Close Quote