Heritage Informer

Compare ISA

If you are looking for advice to on and to compare ISA, then here are a few details on what an ISA is. ISA stands for "Individual Savings Account" The individual saving account scheme was launched in April 1999 by the government and are aimed to encourage people to save their earnings and invest. They were developed to help your money grow or to provide you with an income later in life.

When you compare ISA, it is worth noting that there are two different types of individual savings accounts that you can open and invest in. These are a "Cash ISA" and a "Stocks and Shares ISA". The most you can pay into an ISA is £7,200 during the current financial year and from this total, up to £3,600 can be paid into a cash ISA and the remainder into a stocks and shares ISA, although there is no limit set at the amount that can be invested into a stocks and shares ISA as long as it is no more than the current £7,200 ISA limit.

This allows you to compare ISA and decide which would be more relevant for yourself, or invest in both.

If you are looking for independent and impartial advice to compare ISA, then here at Heritage Financial Services our team are fully qualified and have a great knowledge and understanding of the industry, meaning you can fully rely on us to provide you with the best possible advice and options available for your investment.

Should you wish to speak with one of our advisors and compare ISA then our team will be more than happy to hear from you and assist in anyway they can in evaluating your needs relating to your individual saving account or you can contact them to speak regarding any other products or services that we provide.

 

 

   
The Heritage Informer - Your Free Monthly Financial e-Newsletter
Heritage Knowledge Base - Your online literature library