Investing in ISAs
Individual Savings Accounts (Isas) are a way of saving and investing without paying income tax or capital gains tax. An Isa is not an investment in itself, but a 'wrapper' into which you can put investments. There is a limit on the amount you can save in an Isa each year which can be split your annual Isa allowance between cash and equities.
In the last few years, trying to build, or even just protect, wealth has not been easy, as high inflation and low interest rates meean the real (after inflation) value of your wealth is eroded. But that’s even more reason to put as much money as you can into an Isa, says James McKeigue.
A self-select Isa means you can choose which shares and bonds to buy, thus avoiding fund managers' fees. Here are the key decisions you'll need to make, plus some of the best execution-only self-select Isas.
It’s time to get organised and make sure you’ve got the best cash Isa deal for the year ahead. Here, we pick some of the best-paying cash Isas on the market now.