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 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…)
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…)
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…)
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…)
Abbey has announced the launch of a new super ISA - a cash mini ISA offering an interest rate of eight per cent.
Responding to customers’ desires to save more effectively, the new ISA will offer the eight per cent rate until May next year, after which it will drop back to Abbey’s direct ISA rate of 5.75 per cent. (more…)
There are three types of ISA’s available from the Halifax Bank of Scotland (HBOS): mini cash ISA’s; mini stocks and shares ISA’s; and maxi ISA’s. It is possible to invest up to £3,000 in cash in a mini cash ISA in each tax year, £4,000 in a mini stocks and shares ISA, and £7,000 in a maxi ISA. It is also possible to invest cash in a maxi ISA, but only up to £3,000, with the remainder of the £7,000 open to investment in stocks and shares. (more…)
Leeds Building Society (LBS) has announced it is to introduce three new Tessa ISA’s.
They are: the one-year Tessa ISA; the two-year Tessa ISA; and, predictably, the three-year Tessa ISA.
The one-year account promises a 5.6 per cent interest rate, the two year a return of 5.7 per cent while the three-year Tessa ISA will earn the bearer 5.85 per cent per annum. (more…)
Individual Savings Account (ISA) holders still prefer to hold their assets in cash despite the impressive performance of equity over recent years, market observers have said.
According to Fidelity International, equities have been outperforming cash by as much as 39 per cent since 1999, suggesting that ISA investors should opt for equity when choosing how to invest this year’s allowance. (more…)
The regulations governing the transfer of stock into an ISA need to be revised in order to ensure they benefit investors, a financial services group has declared.
Under the current rules, Alliance Trust Savings claims that ISA investors are having to pay out almost three per cent stock transfer costs, amounting to costs of more than £200 for some customers. (more…)
