A Managed ISA is designed for those who prefer to leave the decision-making to the professionals. You might prefer this if:

• You're looking for a more hands-off approach to investing
• You're looking for a ready-made portfolio
• You want to save time on researching your investments

A Self-managed ISA is perfect for anyone who wants to make their own investment decisions. You might prefer this if:

• You want to be a hands-on investor
• You want to choose your own investments
• You're confident in your knowledge and research