ISAs & PEPs news

Man running to get his ISAs in!

Last minute ISA options

28 March, 2007

The UK tax year is drawing to a close, and while savvy Brits will have put savings aside throughout the last twelve months, some may be struggling to top their allowance up before it’s too late

Fidelity International are offering these panicked savers a lifeline, allowing them to invest online and over the phone up until midnight on 5 April via FundsNetwork, the UK’s leading investment platform, allowing them to choose from over 1,000 funds from 55 different providers.

Find a best-buy savings account

The opening hours for Fidelity’s Investorline phoneline (0800 41 41 61) are being extended in the run up to the deadline to 10pm on 2 April, 11pm on 3 April and 12 midnight on 4-5 April.

In addition to these services, savers can drop off applications in person at Fidelity’s Investor Centre in Cannon Street and their offices in Reigate, Tonbridge and Manchester. The latter however is only open from 8am-6pm on Thursday 5 April, unlike the others which will remain open until midnight.

Save with Alliance and Leicester

UK managing director for Fidelity International, Richard Wastcoast, comments: “Every year we see a last minute rush by anxious investors eager to submit their ISA applications before the tax year deadline. The range of options we offer means the deadline can be stress-free and investors can ensure they don’t lose out on the opportunity to shelter £7,000 tax efficiently.

“FundsNetwork offers investors choice, low charges and the added benefit of investing within the comfort of their home up until midnight on 5 April.”

Find out how your life funds are performing

Another company offering a last minute lifeline to investors looking to use up their 06/07 allowance is Legal and General, who are accepting ISA applications online and over the phone up until midnight on 5 April.

Allowing investors to make a payment using their debit card, Legal and General are advising those cutting it fine to call up or complete their online application with at least 15 minutes to spare to ensure that it goes through in time.

Where to go to beat the deadline

London: Investor Centre, 25 Cannon Street, London, EC4M 5TA

Reigate: Beechgate, Millfield Lane, Kingswood, Tadworth, Surrey

Tonbridge: Oakhill House, 130 Tonbridge Road, Kent

Manchester: Ship Canal House, 98 King Street, Manchester