News Tag: stocks and shares
April 24, 2009
From April next year, savers will be able to earn tax-free interest on up to £10,200 of savings following an increase to the ISA allowance. Chancellor Alistair Darling announced the change this week in his Budget speech, increasing both the cash savings and the investments limit from £3,600 to £5,100. Financial experts and high street banks welcomed the move, although some commentators sneered at the measure as far too cautious and unlikely ...
ISA limit increased to £10,200
by David MastersFrom April next year, savers will be able to earn tax-free interest on up to £10,200 of savings following an increase to the ISA allowance. Chancellor Alistair Darling announced the change this week in his Budget speech, increasing both the cash savings and the investments limit from £3,600 to £5,100. Financial experts and high street banks welcomed the move, although some commentators sneered at the measure as far too cautious and unlikely ...
April 1, 2009
Savers disillusioned by low-interest rates should spread their tax-free ISA allowance across bonds and income-funds, Virgin Money said this week.
With the Bank of England's base rate at an all time low, Cash ISA interest rates offer meagre returns, hitting an average of 0.96% at the end of February.
Meanwhile, the ongoing volatility of the stock market has ...
Virgin Money tells ISA savers to use it or lose it
by David Masters
March 11, 2009
Savers are increasingly turning to investment individual savings accounts (ISAs) as interest rates on cash ISAs continue to plummet.
Research by Barclays shows a 67% rise in the number of investment ISAs opened recently compared to the same period in 2008.
The bank also revealed that nearly half (45%) of investment ISA savers have already hit their £7,200 ISA allowance for this ...
Investment ISAs popular as interest rates plummet
by David Masters
