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ISAs
M&S launches new fixed rate savings option within mini cash ISA
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.
Say goodbye to stakeholder to boost Personal Account pension
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%.
PIMA reminds savers of ease and diversity of ISA-able investments
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.
Savers get savvier as ISA switching soars
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.
Brits ignore ISAs and cost themselves £170 million in tax
With the ISA deadline of 5th April just two months away, UK taxpayers are wasting £170 million by not using tax-efficient Individual Savings Accounts, says Unbiased.co.uk, the website promoting the benefits of independent financial advice.
Beat the deadline investors rush to “green” ISA’s
Would-be ISA investors are keen to go green before the deadline according to research from Co-operative Financial Services (CFS).
Scottish Widows comments on introduction of ISA reforms in 2008
Anne Young, savings expert comments: “Scottish Widows is delighted that, following a period of consultation, the Treasury has amended the date for implementation of ISA changes, as announced in the autumn.
Simpler, more flexible ISAs from April 2008
The Economic Secretary to the Treasury, Ed Balls, today announced that following consultation with ISA providers - the Government's reforms to make the ISA regime simpler and more flexible for savers will come into effect a year earlier than originally planned, in April 2008.
ISA reform implementation welcomed
The announcement by HM Treasury to make major changes to the ISA effective from April 2008 is welcomed by PIMA and the UK savings industry at large.
Benefit from FTSE 100 growth tax free and capital guaranteed
Leeds Building Society has launched a new product offering customers the security of a 100% capital guarantee, combined with the potential to benefit from any growth in the FTSE 100 index.
Resolution discounts front end charges across range
From 1st Feb until 30th April 2007 investors and their advisers will be able to take advantage of a reduced front end charge on all ISA investments made into any Resolution equity, fixed interest or property unit trust.
NS&I Direct ISA interest rate rises
The interest rate paid on National Savings and Investments' Direct ISA will rise from 5.55% per annum to 5.80% following today's increase in the Bank of England base rate by 0.25%.
M&S Money increases Cash ISA interest rate
M&S Money is increasing its Cash ISA rate from 5.00% to 5.25% with effect from tomorrow, Friday 12th January 2007, following the decision by the Monetary Policy Committee to increase the Bank of England Base Rate by 0.25%.
Britons may be losing up to £462 million
Delaying saving into an ISA could cost Britons £462 million interest by delaying using their yearly ISA allowance, according to research conducted by Abbey.
Net ISA sales go negative, says F&C
The latest Investment Management Association statistics which have just been released have revealed that despite soaring stock markets - net sales of fund based Individual Savings Accounts were actually negative in November (-£3.1 million), the first month this year when more investors have cashed up their plans than those who have bought new ones.