Investors keen on green ISAs January 29
Investors are keen to put their money into ‘green’ ISAs ahead of the April 6th deadline, according to Co-Operative Financial Services (CFS).
The firm says that a commendable 67 per cent of those who expect to use their ISA allowance in the next two months will consider putting it into a scheme which offers environmental benefits.
Zach Hocking, head of savings and investments at CFS, said: “With a green ISA investors can get attractive returns without paying tax on what they earn, and help to support a more sustainable future for the environment.
“I’d urge anyone who is yet to use their allowance for this tax year to think about investing as soon as possible. Miss the deadline and the tax break is lost forever.”
Ethical investments increased by 10.5 per cent in 2005, according Co-operative Bank’s Ethical Purchasing Index, and equated to over £6 billion as a result.
Written Exclusively by AdFero for ISA Guides
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