ISAs

Last week, Alliance & Leicester increased the rate on its new Premier ISA to 8.10% gross pa/AER, making it a leading rate for tax efficient savings.

Barclays Stockbrokers has announced the launch of a new capital protected Investment Note to tie in with ISA season. Linked to the performance of the FTSE 100 index it is a six year growth investment designed to produce capital repayment and a return of 140% of any rise in the FTSE 100 index at the end of the term.

Abbey has raised the rate on its new Super ISA to 8.1 per cent AER tax-free until 1 May 2008. The Super ISA is a cash mini-ISA that will offer 8.1 per cent to customers who put an equal amount or more into Abbey’s tax-efficient Guaranteed Growth Plan.

Savers could be nearly half a million pounds richer if between the ages of 25 and 65 they were able to put away £3,000 a year in an ISA.

Over 60% of the UK population still do not hold an ISA while others are failing to top up on a yearly basis.

Leeds Building Society has today launched a range of fixed rate tax-free TESSA ISA products, for 1, 2 or 3 years.

From Wednesday 7 March, Alliance & Leicester’s Premier ISA account will pay a market leading 8.10% pa gross/AER. The ISA is available to customers opening an Alliance & Leicester Premier current account and will be available for a limited period only.

Abbey today launches a new mini cash ISA account paying 5.50% tax free/AER on balances from £1. The account offers a market-leading rate of 5.75% tax free/AER for balances over £9,000.

Today, Abbey launches its new Super ISA. The Super ISA is a cash mini-ISA and offers eight per cent AER tax-free until 1 May 2008 if customers put an equal amount or more into Abbey’s tax efficient Guaranteed Growth Plan.

From tomorrow (Wednesday 7 March), customers looking to use their ISA allowance before the end of the 2006/07 tax year will be able to benefit from two great deals from Lloyds TSB and Scottish Widows.

Scarborough Building Society is rewarding savers this Spring by launching an ISA account offering a market-leading 6.10%.

In a bid to encourage investors to take advantage of tax-efficient investment measures, JPMorgan Asset Management (JPMAM) has announced that it is offering free ISA and PEP transfers and is waiving transaction charges on all investments over £1,000 into any of its JPMorgan Investment Trust ISAs.

Invesco Perpetual, PEP and ISA provider, will continue its current two per cent discount on the five per cent initial sales charge for all new ISA investments and PEP and ISA transfers. This includes ISA monthly savings and phased investment options.

Alliance Trust calls on Treasury to remove sale and buy-back requirement and to allow in specie transfers.

Confusion about Individual Savings Accounts (ISAs) and their benefits is preventing many people from making the most of their annual tax-free savings allowance, according to research from FTSE 100 life and pensions company Friends Provident.

With just over a month to go before the end of the 2006 / 7 tax year, it is crunch time for investors to decide whether to "use" or "lose" their £7000 annual tax free Individual Savings Account (ISA) allowance according F&C Investments.

ISA and Pep investors can now take a regular “income” from their funds without forfeiting any of the tax benefits following Fidelity International’s extension of its withdrawal facility to these tax-efficient plans.

Leeds Building Society has launched a range of fixed rate tax-free ISA products, for 1,2 or 3 years.

Bradford & Bingley has launched a one-year mini cash ISA with a fixed interest rate of 5.90% tax free p.a./AER, to help savers make the most of their tax-free savings allowance before the current tax year ends on 5 April.

Would-be ISA savers are set to trigger a rise in ethical investing according to recent research from Co-operative Financial Services (CFS).

At a time when creeping charges are increasingly under the spotlight, the Association of Investment Companies (AIC) has collated information on ISA offers from member investment companies and their managers, covering more than 70 individual investment companies.

M&S Money is launching a new fixed rate savings option within the M&S Mini Cash ISA over terms of one, two and three years. The longer the fixed rate term, the higher the rate of interest will be.

EveryInvestor has found a tax break that works for shoppers at Tesco rather than Fortnum & Mason and advises savers to take advantage of Gordon Brown’s generosity to earn a net annual return of over 14%.

With 45 days remaining until the end of the 2006-2007 tax year, PIMA would like to remind savers of the wide range and diversity of ISA-able investments and the simplicity of investing in ISAs.

A record number of ISA savers are intending to switch providers to get a better rate, according to new ICM research commissioned by Intelligent Finance.