Individual Savings Accounts (ISAs)

Individual Savings Accounts (ISAs): the Rules, the Types

Anyone with even a passing interest in savings and/or investments should ensure that they take advantage of Individual Savings Accounts (ISAs). These are government-legislated 'wrappers' designed to protect their contents from the taxman. A look at the benefits, and an introduction to the different types. Read More

ISA (Individual Savings Account): Your Questions Answered

What is an ISA? Can I have more than one? How long do I have to wait to access equity inside my ISA, and do I pay tax on dividends or profit share from it? Can I transfer my ISA? What's the situation as far as Inheritance Tax goes? We answer these common questions. Read More

Meet LISA, the Lifetime ISA

The LISA is a remarkable savings and/or investment vehicle: you can earn 25% interest on a monthly deposit of £333 each month, on top of any interest paid over time by your LISA provider. This hybrid ISA is intended to help younger people save for their first home and their retirement at the same time. Read More

The Stocks & Shares ISA: Tax-free Investments

Of all the financial misconceptions we encounter, one of the most common is the idea that ISAs are just products. An ISA is best thought of as a renewable tax-free allowance. Many people use theirs for cash savings, but it is also possible to use an ISA to shelter a share portfolio, or collective investment funds. Read More

Junior ISAs: a Welcome Boost

Many people in a position to give their children or grandchildren a financial head start don't realise that a will is not the only way to help younger members of the family at important times in their lives. Junior ISAs provide a way to take gifts to younger family members out of any Inheritance Tax calculation. Read More

A Pension or an ISA – What’s Best for my Retirement?

For most people, the answer is 'both'. There's really no need to set pensions against ISAs as they each have their own strengths and weaknesses. We take a look at tax efficiency, opportunity for growth, ease of withdrawal of funds, and considerations with regard to inheritance. Read More

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