There are typical benefits and drawbacks associated with every account. For example:
Advantages:
> Potential for high investment returns
> Variety of options available, including share and cash investment
> Generally secure, though risks vary depending on specific investment
> Often guaranteed fixed-rate returns
> Combinations available which enable long-term investment with tax-free returns
Disadvantages:
> Money is usually invested for long period of time
> Penalties for withdrawing money before end of agreed investment period
> Fixed-rate returns may prove poor offer if average interest rates increase
> Capital invested may be at risk
