Legal & General Investments, one of the UK’s largest investment providers, has announced the details of its stocks and shares Junior ISA. There are three options for parents to choose from when saving for a child, spanning the range in risk appetite to meet different investors’ needs: Responds to the markets (Legal & General Multi [...]
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Chelsea launches new cash ISA
Investors looking for a tax-free home for their savings can snap up a new cash ISA from Chelsea Building Society, paying a return of 3.20 per cent gross/AER. The fixed rate ISA matures on 31st May 2013 and is available in branch, by telephone and online. “We hear from customers that they are looking for [...]
Only one in four to use ISA allowance
The new tax year is the ideal time for savvy savers to review the rates on their existing ISAs and hunt out the best new deals and make the most of the increased annual ISA allowance, says uSwitch.com. Michael Ossei, personal finance expert at uSwitch.com, says: “Although we’re only six days into the new tax [...]
Teachers are the best savers
New research by the Co-operative Bank has shown that out of 25 professions surveyed, teachers save the most money each year. Those working in education save on average £2125 each year, higher than those working in finance (£1999) and over four times the amount saved by those in artistic and sport related jobs (£494). The [...]
Principality announces new ISA range
Principality Building Society has announced its range of cash ISAs for 2012/13. They include: Fixed Regular Saver ISA Issue 3 pays 4.00 per cent Tax-Free^ p.a./AER † Interest will be calculated daily and paid on Maturity Minimum opening and monthly deposit of £20 Maximum opening and monthly deposit of £470 If you make a £470 [...]
Post Office launches Premier Cash ISA
The Post Office is launching its new Premier Cash ISA offering 3.01 per cent tax-free/AER variable. This will be available to customers online from Friday 6 April and in branch and by phone from Saturday 7 April. Customers can save from as little as £100 up to £5,640 this tax year and can consolidate all [...]
Leeds Building Society launches new tax year ISA range
Leeds Building Society has launched a new suite of fixed rate ISA products, which include one, two and three year versions, to help customers maximise the return on their ISA savings for the new 2012/ 2013 tax-year. Furthermore, all the new products have the flexibility and peace of mind that comes with access to 25 [...]
New ISA accounts from Nationwide
Nationwide will launch the fourth issue of its Online ISA account at the start of the new tax year. Available online to Nationwide customers with a card-based account, Online ISA – Issue 4 will pay a rate of 3.10 per cent AER/tax-free, which includes a bonus of 2.10 per cent that is fixed until 31 [...]
Stocks and shares ISAs have become more popular than cash ISAs
Stocks and shares ISAs have become more popular than cash ISAs for the first time according to early findings from TD’s Global Investor Confidence Study. The independent survey into current and future investor sentiment shows that over three-quarters (77 per cent) of respondents had invested in stocks and shares ISAs in the last year, compared [...]
One in eight parents or grandparents planning a junior ISA nest egg
One in eight (13 per cent) parents or grandparents plan to pay into a Junior ISA this coming tax year, according to ethical bank Triodos. The figures reveal the nation’s children stand to benefit from a potential Junior ISA nest egg of £3.7 billion, with each parent or grandparent planning to contribute an average of [...]
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