Skandia Investment Solutions cash deposit facility
If you hold money in the cash deposit facility within your Skandia Investment Solutions ISA or Collective Investment Account, interest will be calculated daily on the cash balance within your account and paid daily at a rate set by us. The rate will be set at the beginning of each calendar month and will remain in force for the remainder of that month.
The rate of interest from 1 May 2012 is 0.10% a year before tax.
Please refer to the product literature on our literature library for an explanation of how tax deductions apply to the cash deposit facility.
Historical rates of interest
April 2009 to April 2012: 0.10% a year before tax
March 2009: 0.60% a year before tax
February 2009: 1.10% a year before tax
January 2009: 1.60% a year before tax