Twice as Nisa: Why new rules mean everyone can be a small business investor October 20, 2014 The Chancellor announced in his Budget this year that the government was going to make it possible to hold loans to small private companies in the new Isa (Nisa). A consultation period is ongoing – with a detailed Treasury paper just released – and it is hoped it will soon be possible for investors to [...]
Barclays’ Isa changes to hit savers August 6, 2014 Barclays is set to move around 2.3m savers on to a new type of Isa which for two thirds of them will mean worse interest rates. The bank has already closed 11 of its cash Isas to new customers and will now be withdrawing them from existing customers too. The new Isas will pay less than [...]
Forget pensions: We need radical Isa reform to really tackle the UK savings crisis August 4, 2014 The UK’s pensions crisis is no longer looming. It’s here. We are dangerously over-heating, and millions of British households, who are simply not saving enough for later life, face a bleak financial future – unless there is swift, radical action. UK adults need and deserve a solid framework that will help them save and plan [...]
The new Isa: Three things you need to know about it July 1, 2014 The new Isa (Nisa) is a day old and, despite speculation that a rush of investor funds could wobble providers’ systems, savers shouldn’t be deterred from making the most of the enhanced benefits of the liberalised tax wrapper. What has changed? Among several new rules, the amount of money an individual can shield within the [...]
The new Isa: Annual tax free allowances increased to £15,000 with Nisa June 30, 2014 The biggest overhaul of ISAs ever enacted comes into force tomorrow, with savers able to stash more cash in tax-free saving accounts every year. The New Isa, or Nisa, will see the annual allowance hiked from £11,880 to £15,000 – the biggest rise since ISAs were introduced by the government in 1999. The change, which [...]
The new Isa: How to make the most of your Nisa June 29, 2014 Despite dwindling interest rates, with the right approach, even sticking to cash can mean you are quids in Announced in the Budget, the new, enhanced and simplified Isa arrives tomorrow. Allowing investors to shield up to £15,000 a year away from the taxman – up from the current £11,880 limit for stocks and shares Isas [...]
The new Isa: Where to invest your beefed-up Nisa allowance June 29, 2014 The fund managers are tipping European equities and a focus on long-term capital growth through income With the new Isa (Nisa) annual allowance of £15,000 (up from £11,880 for stocks and shares Isas) due to come into force tomorrow, savers looking to top-up their investments are faced with a difficult choice. The popular play of [...]
The new Isa: How to become a Nisa millionaire in 26 years June 29, 2014 No one knows exactly how many Isa millionaires there are. Stockbroker Brewin Dolphin has in the past claimed that around 15 of its clients have over £1m of savings sheltered from the taxman in an Isa wrapper. But the number is sure to increase as the effect of the Nisa’s higher annual allowance takes [...]
The new Isa is arriving: What you need to know about it June 24, 2014 ON 1 July, the new Isa (Nisa) arrives. Announced in the Budget this year, the Nisa is both a simpler product and allows investors to shield more money away from the taxman. The annual Isa allowance will rise to £15,000, an increase of £3,480 from 2013-14. And while investors have previously been limited in how [...]
Investment Comment: Three principles to guide Isa investors for the long term April 15, 2014 Multi-asset funds will likely become increasingly popular as the bumpy global recovery continues WHEN investing in your Isa, the first step – getting your money in place before the end of the tax year – is the easiest. But now that savers have secured their use-it-or-lose-it annual allowances (currently up to £11,880 in a stocks [...]