index | back page

Did YOU Know....

I’ve often heard about ISAs but have no idea what they are. Can you please tell me?

Individual Savings Accounts (ISAs) were introduced by the Government from 6th April 1999. The Government guaranteed that this form of investment will be available from at least 10 years from the date of their introduction. ISAs are a tax efficient type of investment. Initially ISAs were available only to individuals aged 18 or over who are resident and ordinarily resident in the UK. From 6th April 2001 the rules were changed to allow 16 and 17 year olds to hold cash ISAs. There are two types of ISAs: maxi and mini, and they can include investments in stocks and shares, insurance and cash. Click here for more details.

REMEMBER You should not use any information contained on this page as the basis of any action until you have discussed matters with your financial adviser.