Savings

A reader asks: What can I do with old ISAs form previous financial years? Our response: If you have an old ISA accounts still open from previous years, either stocks and shares, peer to peer or cash ISA accounts, but have not paid into since the start of the new tax year you can choose

48% of UK savers don’t know what interest their cash is earning 29% have had the same low-interest savings accounts for 11 years or more 15% of adults spent just ‘minutes’ assessing their options before setting up their last savings account. 12% who have cash in savings rarely or never check the progress of what’s

For most people, interest rates are something you have to pay on a personal loan or a mortgage, or something you get paid from a savings account. Yet, that is just the tip of the iceberg. These kinds of rates are ultimately guided by the base interest rates set by central banks, such as the

The great thing about a flexible stocks & shares ISA is that unlike normal ISAs you can take the money out if you need itthen put it back again without lowering your overall yearly allowance. This applies as long as the money is moved and replaced in the same tax year, which in the UK

A reader asks: I have quite a substantial amount of cash in a stocks and shares ISA, but want to put some of it into cash. Can i earn interest on cash in an investment ISA? Our response: Yes you can earn interest on cash in an Investment ISA and the profits are tax-free as

When you make a contribution to a Lifetime ISA (LISA) account, you receive a 25% bonus from the government. These bonuses are usually paid within a few months of the contribution. In this guide, we explain how long different LISA providers take to pay LISA bonuses and how the Lifetime ISA government bonus works. What