Less than 10% of people know their new ISA allowances for the upcoming tax year, according to Lloyds TSB. Many under-24s think an ISA is an iPhone app, many more think it is an Instant Savings Account, says the bank.
Posts Tagged ‘ISAs’
Are you ISA aware? 91% aren’t, says Lloyds
Tuesday, March 16th, 2010ISAs perfect for children’s savings
Tuesday, March 9th, 2010Why lose this year’s allowances for tax-free savings in ISAs? With just weeks to go before this year’s ISA allowances of £7,200 expire, you could set up ISA accounts to save for your children’s education.
ISA ignorance blocks tax savings – NS&I
Tuesday, March 2nd, 2010
ISA allowances for the current year will expire on April 5th 2010, leaving savers just weeks to take up ISA savings of up to £7,200. New figures from National Savings & Investments (NS&I) reveal that only 15% of Britons understand the new Individual Savings Accounts (ISA) allowances of £10,200, which apply from April 6th.
Consumers lose billions in ISA savings
Tuesday, February 23rd, 2010Holders of Individual Savings Accounts (ISAs), who now account for 37% of UK households, have forfeited £13bn to the taxman by under-utilising their ISA allowances in the past 11 years. Now is the chance to use up your ISA allowance of £7,200, before April 5th!
ISA big hit with the ladies, as birthday looms
Wednesday, February 17th, 2010
The Individual Savings Account (ISA) turns 10 this year, and as a tax-efficient savings option has already been taken up by 37% of households in the UK. Growth in uptake of ISA accounts has been faster among women than men, and the ISA is particularly popular with under-25s.
Fifty ways to leave your cover… financial planning tips on your insurance, mortgage, and savings account
Wednesday, January 27th, 2010There must be … fifty ways to leave your cover. Figures show that savvy mortgage buyers, savers, and buyers of life insurance all stand to save thousands, by shopping around, switching deals, and taking independent financial advice
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