How to invest in an Isa for the new tax year to profit in the good times AND protect against storms By James Norton For This Is Money Published: 13:05 BST, 6 April 2020 | Updated: 13:05 BST, 6 April 2020 James Norton, a senior investment planner, at Vanguard UK, explains how he has simplified … Read more
Let’s face it, long-suffering savers don’t get much in the way of rewards for their efforts at present. That makes it now more important than ever to avoid the tax man skimming some off the top. Cash Isas are arguably still one of the best long-term tools to do so – these are savings accounts … Read more
It’d be fair to say that Isa season 2020 has been somewhat overshadowed by more pressing global events. But although two cuts to the Bank of England base rate, a cheap funding scheme for banks and an economic shutdown mean any hope of new top tax-free savings rates has vanished, the underlying rules remain the … Read more
Just five days until Isa deadline… and with bank opening hours slashed you may need to open an online account By Sylvia Morris For The Daily Mail Published: 22:01 BST, 31 March 2020 | Updated: 22:52 BST, 31 March 2020 Savers have just five days left to use this year’s cash Isa allowance and earn … Read more
I‘ve heard that the Lifetime Isa is a bad way of saving for a pension. I’m 27 and hold a stocks and shares Lifetime Isa with Nutmeg, and I haven’t even considered whether there are legalities around what age I can take my private pension, something I haven’t needed to think about yet. Assuming I … Read more
DIY investment platform Interactive Investor has revealed its average Isa millionaire account is powered by a much larger weighting towards investment trusts than funds. These bigger accounts have 46 per cent in closed-ended funds on average, with only 7 per cent of their portfolios in their open-ended counterparts. The most widely held trusts are the … Read more
It’s not often the Government gives away free cash, but in the past five years aspiring homeowners have been offered two opportunities to earn generous bonuses on their tax-free savings. Soaring house prices mean, for many, it will take years to save for a deposit – so it’s little wonder the Government launched the Help … Read more
Why it’s STILL worth saving with cash: With all savings accounts paying paltry rates, the cash Isa looks appealing again By Sylvia Morris For The Daily Mail Published: 22:31 GMT, 24 March 2020 | Updated: 23:49 GMT, 24 March 2020 Cash Isas have lost some of their sparkle after a decade of low interest rates … Read more
Isas – or Individual Savings Accounts – have been handing out tax-free rewards for the past 21 years. Savers and investors now benefit to the tune of £3.3billion a year by using the tax-free accounts to earn interest and returns on the stock market. In total, British savers have used Isas to shelter nearly £40billion … Read more
Don’t miss ISA deadline: Some providers will close accounts before the Sunday April 5 deadline By Money Mail Reporter For The Daily Mail Published: 23:39 GMT, 17 March 2020 | Updated: 23:51 GMT, 17 March 2020 Some providers will close their Isas before the official deadline Savers looking to use their cash Isa allowance could … Read more