Cash Isas: pressure grows against rumoured move to £4,000 allowance

Cash Isas: pressure grows against rumoured move to £4,000 allowance

Isas, Savings, Banks and building societies, Money, Consumer affairs, UK news, Investment Isas, Investments, Shares, Investment funds Business | The Guardian

​Research shows strong support for keeping tax-free accounts in their current form with £20,000 annual limitCash Isa providers fail to offer savers benefits of more flexible rulesA campaign to “save” cash Isas gathered pace this week, with research published showing strong support for the savings accounts.However, data was also issued that investment firms said showed UK savers were “paying the price” for playing it safe because putting money into the stock market can generate much higher returns. Continue reading… 

Research shows strong support for keeping tax-free accounts in their current form with £20,000 annual limit

A campaign to “save” cash Isas gathered pace this week, with research published showing strong support for the savings accounts.

However, data was also issued that investment firms said showed UK savers were “paying the price” for playing it safe because putting money into the stock market can generate much higher returns.

Continue reading… 

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