The Tax Incentivised Savings Association (TISA) has welcomed Treasury proposals whih will give investors affected by the failure of financial firms the opportunity to use compensation payouts to top up their ISAs beyond the current subscription limits....
Encouraging people to save is seldom easy, least of all when inflation is eating into the purchasing power of capital and returns.
Savers must grab the opportunity to save when the ISA limit increases by £600 in the next tax year, Danny Cox, head of advice at Hargreaves Lansdown said.
Did you see the article in the Sunday Times recently about ISA millionaires? It was one of those classic pieces which is everything that is right (or wrong) about our industry - at least according to a mate of mine.
Disappointing retail sales for the beginning of the year have cast doubt over the success of the 2010/2011 ISA season.
ISAs and their PEP predecessors have been demonstrating their popularity as tax free savings vehicles since the ‘80s.
The Strategic Bond sector was the most popular with retail investors in 2010 but sales of equity funds also soared to a 10 year high, according to the IMA.
The government has said it has no intention of allowing Alternative Investment Market (AIM) shares to be held in ISAs.
Any future increase in ISA limits could be exclusively reserved for green/low carbon ISAs, according to a new report commissioned by the Government.