Written by Isa guides
M&G offers two types of ISA: the mini ISA and the maxi ISA. Up to £3,000 cash can be invested in a min ISA, or £4,000 in stocks and shares. A combination of cash and stocks and shares - or just stocks and shares - can be invested in a maxi ISA, up to the value of £7,000. However, only £3,000 of that £7,000 can be invested in cash.
There are seven funds to choose from should a saver decide to invest in stocks and shares, and these are divided into three categories: funds to be invested in for income; funds which promise growth; and funds for investors looking to diversify. No initial charge is payable on any M&G ISA account if a lump sum is invested, while no exit fees are payable if the money is invested for five years or more. …continue reading the story
called ISA’s at M&G
Written by Isa guides
FundsNetwork, Fidelity’s “online investment supermarket”, has launched seven new ISA packages that it hopes will make choosing ISA’s easier for both advisers and investors.
Its new online “ISA zone” will allow advisers to scroll through a list of ISA’s in order to best determine which scenario is most suited to a particular investor.
Each FundsNetwork ISA package is categorised into core or themed funds. …continue reading the story
called New ISA packages from FundsNetwork
Written by Isa guides
If you’re looking to invest your money through an ISA, the forest of options and figures to wade through could seem confusing or even intimidating – so here is a quick guide to what the various types of ISA entail and what they can do for you and your money.
The essence of an ISA is that it allows for investment with tax savings – effectively acting as an umbrella encompassing products which receive benevolent tax treatment. People over 18 can invest up to £7,000 annually (those between 16 and 18 see a limit of £3,000), with this limit set until 2009 amid plenty of clamour for it to be increased. Once you have invested the full amount you cannot put any more in that year, even if you withdraw a certain amount before the 12 months is out. …continue reading the story
called ISA Guide
Written by Isa guides
Individual Savings Accounts (ISAs) are renowned for being the tax-free way to save up to £7,000 in a given financial year - and Halifax is one of the high-street banks to offer a well-known set of services which have proved extremely popular with customers.
Its mini cash ISA is its primary offering. Cash ISAs allow the customer to invest in Building Society deposits, UK and European authorised Bank deposits, cash unit trusts or National Savings while Mini ISAs allow customers to invest in just one of these components on an annual basis. …continue reading the story
called ISAs at the Halifax
