Lloyds TSB has announced details of its new ISA offer ahead of the beginning of the new tax year next month.
The bank’s 12-month cash ISA will now offer 50 per cent more interest than was previously available, assuming that no withdrawals are made during the initial fixed-rate period. (more…)
A new ISA has been launched by the Scarborough Building Society (SBS) that promises an interest rate of 6.1 per cent AER until March 31st 2008.
The guaranteed ISA plus issue 2 is a cash mini ISA - which means the maximum an account holder can invest in a tax year is £3,000. (more…)
Fund analyst Citywire has drawn up a list of what it regards as the top 100 fund managers that ISA investors should look to target in the new financial year.
According to the research, which was published in the Financial Mail, Old Mutual UK Select Smaller Companies manager Daniel Nickols comes top of the pile, based on performance over the last three years. (more…)
Investors may be better off putting their money into ISA’s rather than endowment policies if they are looking for certainty of return, one investment manager has said.
According to Ben Yearsley of Hargreaves Lansdown investment managers, ISA’s will offer better returns for those looking for a medium-risk investment. (more…)
The Britannia Building Society (BBS) offers five types of ISAs: the fixed rate mini cash ISA; the instant access mini cash ISA; the regular saver mini cash ISA; ISA bonds; and equity ISA’s. It also allows holders of Tessa only ISA’s to transfer their funds into any one of two BBS ISA accounts: the instant access Tessa only ISA; and the 30 day notice Tessa only ISA. (more…)
Investors who are planning to put their money into an ISA before the end of the current tax year should act sooner rather than later, one investment industry body has said.
The Association of Investment Companies (AIC) has warned that many ISA providers have actually imposed deadlines on investments before the new financial year, which begins on April 5th. (more…)
Parents have been encouraged to start saving for their pensions, with ISA’s touted as the best place to hold their hard-earned cash.
A study conducted by Yorkshire Bank ISA’s and Investments has found one in four parents have not prepared adequately for retirement and admit they may be forced to ask their children for help when they reach 65. (more…)
There are currently two types of ISA’s available from Lloyds TSB: the mini cash ISA, and the fixed rate mini cash ISA. As both are cash mini ISA’s, this means that only up to £3,000 can be invested in either account in any tax year. Lloyds TSB also provides a Tessa ISA, while Lloyds TSB maxi ISA’s are available in conjunction with Scottish Widow. The main benefit of holding savings in an ISA is that they are then exempt from tax. (more…)
Legal & General has announced that its UK Property Trust has had more than £100 million worth of funds invested in it since its launch on February 28th last year.
The fund, which is managed by Michael Barrie, is available as an ISA investment, for ISA and Pep transfers and for direct investment. (more…)
With less than three weeks to go before April 5th - the cut off point for investment in ISA’s for the current tax year - Barclays has launched a new “no catches” ISA that it hopes will appeal to those investors who haven’t yet used up their 2006/7 ISA allowance.
The new tax beater cash ISA offers an interest rate of 6.5 per cent AER, although this includes a one per cent interest rate bonus only paid in the first 12 months. (more…)
