More thought required to get most out of Isas

isas

As Isas become more flexible and investors build up increasing amounts of tax in these, advisers and investors need to plan the way they use such savings vehicles more carefully than previously

For years traditional investors had their portfolio, and then they had their Peps and Isas. Often it seemed the main part of a client's portfolio had been properly structured with the tools that were available at the time. But then, right at the end, there would appear a rag tag of odd tax wrappers that, by reason of their size, did not seem to fit the rest of the model. We have to go back to the time when Peps were first introduced. From their inception, right through to the current changes and rationalisation with Isas, these little tax-free savings vehicles have been the plaything of po...