Related Categories
ISAs
Over fifties investors positive on outlook for UK stockmarket
With over 50s now enjoying the ability to save up to £10,200 in their ISA, new research from Fidelity International reveals that 54% of over 50s ISA investors with more than £10,000 in savings have a positive outlook on the stock market.
What a difference £3,000 can make over a decade
Savers over 50 who make use of their extra £3,000 ISA allowance, could see it make a real difference to their savings pot over the next decade, according to Fidelity International.
Providers launch Cash ISAs for over 50s just in time
Four providers have launched brand new Cash ISAs for over 50s just in time for today's ISA allowance increase.
Over 50’s ISA allowance - Top up Tuesday
Andrew Hagger of Moneynet.co.uk looks at the cost implications of the ISA changes for over 50's that come in to force today.
ISA rate reductions
Just in time for today's ISA allowance increase for the over 50s, Rumina Hassam, savings expert at uSwitch.com comments on recent rate reductions: "With 21 million over 50s eagerly awaiting tomorrow's ISA limit increase, it's really disappointing to see that four providers have cut their rates in the recent weeks, despite the static base rate.
50 plus ISA investors will capitalise on increased allowances
As new limits on ISAs (Individual Savings Accounts) come into force making them even more attractive vehicles for savings, investors continue to appreciate their importance and intend to maximise this tax benefit, according to Barclays Stockbrokers, the UK's largest stockbroker.
Make the most of the ISA opportunity
The new rules for ISAs come into play tomorrow, Fidelity International is urging investors to shake off any misconceived views - both new and old to make the most of the tax breaks available to them:
Don't pay voluntary tax on your savings
With its latest savings initiative, the Government estimates it is going to give away an extra £85 million over the next couple of years or so. For those aged 50 or over, the ‘'Great Tax Giveaway' starts on 6th October 2009, for those aged under 50 the good news is a few months down the road.
Over-50s cash ISA launched by Nationwide
Nationwide Building Society has announced details of its new three year Fixed Rate ISA (FRISA) Bond exclusively available for savers aged 50 or over on or before 5 April 2010.
Leeds ready for Top-up Tuesday
Leeds Building Society is well prepared for qualifying customers topping up their ISAs next Tuesday following its decision to extend its very popular fixed rate ISA range, including its market leading 5-year paying 4.60%.
Over-50s urged to take advantage of extra ISA allowance
F&C Investments is urging the over-50s with disposable income or savings outside of tax-efficient accounts to take advantage of the extra Individual Savings Account allowance that comes into effect on 5 October.
TD Waterhouse customers to benefit from increased ISA limits
With effect from Tuesday, 6th October, TD Waterhouse is automatically increasing the limit on its stocks and shares Trading ISA and Regular Investment ISA for those customers who will be aged 50 or over before the end of this tax year (5th April 2010).
The Share Centre to accept ISA top-ups
The Share Centre has confirmed it will be ready to accept ISA top-ups from investors over the age of 50 from Tuesday 6 October. The stockbroker is also urging investors to make the most of their ISA allowance, given low interest rates.
New ISA launches
Commenting on the recent spate of ISA launches, Kevin Mountford, head of banking at moneysupermarket.com, said; "Clearly some providers are looking to maximise their share of the over 50s savings market, with product launches timed to coincide with the extension of the ISA limit for the over 50s.
Brits withdraw £11 billion in ISA cash this year
Britons have dipped into £11 billion worth of ISA cash in the last 12 months, according to Abbey Savings, whose research discovered Britons withdrew almost three times as much compared against the previous 12 months.