Isa

Holly Mackay’s essential Isa guide to help you bag a savings bargain

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There’s just over a month to go until the end of the tax year: Here’s Holly Mackay’s essential Isa guide to help you bag a savings bargain Every adult can pay in up to £20k each year, but you can start with £100 or less  More than one in ten Isa holders has less than … Read more

Will all savings deals be like Post Office’s Isa that loses 80% of its rate?

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On the face of it, Issue 20 of the Post Office’s online easy-access Isa looks like a pretty good deal.  It pays 1.25 per cent, the second best tax-free savings rate on offer – 0.1 percentage points lower than the best deal – and can be opened with £100.  It also accepts transfers from another … Read more

Savings rates: Will we see an Isa season this year or even more cuts?

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With less than 50 days to go until the end of the tax year, savers are likely wondering whether or not they will see an ‘Isa season’. This is where banks and building societies offer top rate tax-free deals to snap up money from those looking to use up any spare money from their £20,000 … Read more

How do you become an Isa millionaire? Interactive Investor reveals investment trusts are key

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DIY investment platform Interactive Investor has revealed its average Isa millionaire account is powered by a much larger weighting towards investment trusts than funds. These bigger accounts have 46 per cent in closed-ended funds on average, with only 7 per cent of their portfolios in their open-ended counterparts. The most widely held trusts are the … Read more

Isa season set to disappoint this year as rates keep falling

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Isa season set to disappoint this year with many big banks already slashing their rates None of the UK’s biggest banks are planning on offering new Isa deals Co-op Bank, NatWest and RBS are also cutting their rates The best Isa rate you can currently earn with big banks is 0.75%… and some pay as … Read more

Nutmeg teams up with Great Ormond Street Hospital for Junior Isa

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Nutmeg teams up with Great Ormond Street Hospital charity to launch Junior Isa with a socially responsible investing option Digital wealth manager partners with charity to give more choice to investors while supporting seriously ill children at Great Ormond Street Hospital (GOSH) Three investment styles available including a socially responsible option Nutmeg will donate £25 … Read more

How to save into an Isa

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Let’s face it, long-suffering savers don’t get much in the way of rewards for their efforts at present. That makes it now more important than ever to avoid the tax man skimming some off the top.  Cash Isas are arguably still one of the best long-term tools to do so – these are savings accounts … Read more

Best cash Isa rates – Paragon Bank launches new best buy one-year Isa

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Is a cash Isa battle heating up? Paragon Bank launches top short-term fixed tax-free deal with 1.6% rate Paragon boosts its one-year fixed rate cash Isa to 1.6% This puts it above Charter Savings Bank and Oaknorth, both on 1.57% The bank’s other fixed rate cash Isa deals remain unchanged  By Will Kirkman For Thisismoney.co.uk … Read more

Don’t be the loser who only opens his Isa at six minutes to deadline

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The advent of spring is not just a time to enjoy the abundance of flowers, longer days and watching newly-born lambs in the fields.  It is also when smart investors can take advantage of new allowances to give investment portfolios a fillip. This is because April marks the start of a new tax year and … Read more