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
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
It’s not often the Government gives away free cash, but in the past five years aspiring homeowners have been offered two opportunities to earn generous bonuses on their tax-free savings. Soaring house prices mean, for many, it will take years to save for a deposit – so it’s little wonder the Government launched the Help … Read more
Why it’s STILL worth saving with cash: With all savings accounts paying paltry rates, the cash Isa looks appealing again By Sylvia Morris For The Daily Mail Published: 22:31 GMT, 24 March 2020 | Updated: 23:49 GMT, 24 March 2020 Cash Isas have lost some of their sparkle after a decade of low interest rates … Read more
Isas – or Individual Savings Accounts – have been handing out tax-free rewards for the past 21 years. Savers and investors now benefit to the tune of £3.3billion a year by using the tax-free accounts to earn interest and returns on the stock market. In total, British savers have used Isas to shelter nearly £40billion … Read more
Don’t miss ISA deadline: Some providers will close accounts before the Sunday April 5 deadline By Money Mail Reporter For The Daily Mail Published: 23:39 GMT, 17 March 2020 | Updated: 23:51 GMT, 17 March 2020 Some providers will close their Isas before the official deadline Savers looking to use their cash Isa allowance could … Read more
With university fees and the cost of getting on the property ladder making it ever harder for young people to make their way in the world, parents are increasingly keen to provide a nest egg for their children. One way is to use a Junior Isa, or Jisa, which last week was given a major … Read more
My financial adviser has offered to sort out my Isa for me this year, but should I let them? How much might I expect to pay to have them do it for me, and can’t I just pick some investment funds and do this job myself? Advice fees: Should I let my financial adviser sort … Read more
The FTSE 100 index of Britain’s biggest listed companies has slumped almost 30 per cent since the start of the year. The FTSE 250 index has been equally hammered and smaller AIM stocks are suffering badly, too. Coronavirus has panicked markets and the future seems more uncertain than ever, even as the Government, central banks and … Read more
As founder of website Boring Money, I have been testing online Isa investment platforms for many years. In theory, they are the best way to run an Isa portfolio because you can manage it from your computer – making changes and keeping a check on its progress. You can also invest in the full range … Read more