How to choose the best ISA?
You can invest your full ISA allowance of £20,000 into one ISA or split your allowance between the three types of ISA available. Cash, Stocks and Shares and Innovative Finance. However, this leaves the question of how to choose what works best for you?
Lifetime ISA bonus to be paid monthly
The Government has announced today that the 25% annual bonus on savings held in lifetime ISAs will be paid monthly. This change will take effect from the 2018/19 tax year so a year after lifetime ISAs are launched in April 2017.
Over 500,000 Help To Buy ISAs Opened Since Launch
If you are saving to buy your first home, save money into a Help to Buy ISA and the government will boost your savings by 25%. So, for every £200 you save, receive a government bonus of £50. The maximum government bonus you can receive is £3,000.
Latest ISA Rates
When choosing your ISA for 2016/17 there are a range of different options open to you and what you go for will depend on things such as capital security, attitude to risk, whether you need access to cash, your objectives on why you are saving, if you need income. The current ISA allowance for this financial year is £15,240 per individual.
Latest ISA Deals
See our selection of latest 2016/17 ISA deals. A roundup of Cash ISA and Investment ISA ideas for tax free investing.
Survey suggests more people maxed their ISA allowance last year
A survey by Nationwide Savings based on 2000 ISA savers has suggested that more people used all of their £15,240 ISA allowance last year than did in the previous year when it was £15,000.
Will the Lifetime ISA be vital for self-employed workers?
Will the Lifetime ISA provide the key pensions saving tool for those who don't benefit from auto-enrolment and employer pension contributions?
Lifetime ISA – How does it work?
The Lifetime ISA will provide a new way for 18-40 year olds to save for both their retirement and the purchase of their first property.
Lifetime ISAs Announced
In today's budget the chancellor announced a brand new type of ISA designed to help young people save for both the deposit on a first-time home and their retirement simultaneously.
