Don’t Withdraw Your ISA Money, Transfer It Instead
The little piece of ISA Guidance that could save you hassle and money. Please note this year’s ISA tax year 21/22 ends 5th April. In recent months, a number of large IF-ISA managers, including Ratesetter, Zopa and Funding Circle, have announced they intend to leave the ‘retail’ market. This has forced tens of thousands of […]
Transferring your ISA – Zopa Special
As many of you will be aware, Zopa announced the closure of their P2P arm in early December 2021, with thousands of retail investors expected to have their funds returned to them by the 31st January 2022. This has led to a requirement for many investors to find a new ISA Manager. Why is transferring […]
How long would it take to become an Innovative Finance ISA Millionaire?
“…in this world nothing can be said to be certain, except death and taxes.”, so wrote Benjamin Franklin. The late great comedian Ken Dodd did his best to avoid both, unfortunately succumbing to death last year aged 90. Fortunately, while both are inevitable, there are many ways that UK investors can legally reduce their tax […]
Time is running out to invest your ISA allowance
There are now less than two weeks left to take advantage of your ISA (Individual Savings Account) allowance for the 2017/18 tax year. The annual £20,000 allowance needs to be allocated by the deadline day of 5th April otherwise it is lost forever. Most savers and investors will be familiar with the Cash ISA, a […]
Where to invest as inflation continues to bite?
Savers and investors received more bad news this week as the CPI measure of inflation soared to an almost five year high in August. Driven by rising import costs, petrol, clothing and footwear prices, inflation rose to 2.9% for the month, up from 2.6% in July and edging closer to the 3% level last seen […]
Saving for your future – Infographic.
Saving for your future – infographic. Transcription: Title: SAVING FOR YOUR FUTURE? HERE’S HOW TO BOOST YOUR INCOME Text: With interest rates at record lows, it’s important that you make the most out of your money. If you’re saving for the future, knowing how to put your savings to good use can be tricky – […]
How to Invest Through Innovative Finance ISAs
In a market with an increasing number of options for peer to peer lending, people are always searching for new ways to invest their money. The Innovative Finance ISA (IF-ISA) is proving to be an increasingly popular option that offer several distinct advantages over cash ISAs – but what are Innovative Finance ISAs, and how […]