Investors are still unsure about Isas

More than one-third of investors are still confused about Isas almost two years after their introduc...

More than one-third of investors are still confused about Isas almost two years after their introduction by the Government, according to a survey for Scottish Friendly. The survey, which was carried out by George Street Research and covered 409 investors, found that 38% of the sample did not find Isas easy to understand. Among those who held Isas, only 8% said they were confused by the rules, with 19% responding that they fully understood the Isa regulations relating to maxi- and mini-Isas and the components within the product. About 38% of Isa holders said they understood the rules re...