2nd Mar 2025
ISA usage has grown in popularity recently, after losing customers when the Personal Savings Allowance was launched in 2016. After that tax break was introduced, ISA use dropped by 13% in a year. Finally, the number of ISA accounts opened has finally risen above pre-2016 levels as a total of 13m ISA accounts were opened…
27th Feb 2025
If you’ve been diligently stashing your hard-earned money into a Cash ISA, recent murmurs from the government might have you feeling a tad uneasy. Chancellor Rachel Reeves is reportedly considering a significant reduction in the annual Cash ISA limit, potentially slashing it from £20,000 to just £4,000. This proposed change aims to encourage more of…
25th Feb 2025
Despite common belief, a traditional pension is not the only way to save for a comfortable retirement. There are actually many different ways that you could save for retirement, including investing in an ISA (or individual savings account). Using an ISA to save for retirement offers tax-free returns on the money that you invest. However,…
20th Feb 2025
The FTSE 250 is a share index consisting of 250 companies listed on the London Stock Exchange (LSE). The 250 is typically more volatile than its FTSE 100 cousin, and is often the index of choice for investors looking to put their faith in smaller, growing companies. So, why do you need to know about…
14th Feb 2025
In today’s financial landscape, making the most of your savings is more important than ever. With interest rates fluctuating and various savings account options available, it’s crucial to find a safe and tax-efficient way to grow your hard-earned money. Enter the Cash ISA—a popular choice among UK savers seeking tax-free interest on their savings. But…
10th Feb 2025
This investing post is sponsored by Alliance Trust. According to HMRC, there are roughly 2,000 ISA millionaires in the UK. Collectively, these individuals have managed to squirrel away £2.8 billion in tax-efficient accounts – an impressive feat! But is becoming an ISA millionaire a realistic goal for many? And why do so many ISA millionaires…
30th Jan 2025
By piling your wealth into stocks that pay dividends and you could be setting up a nice little passive income stream for yourself. In this article, we’re going to explore the ins and outs of dividends. Plus, we highlight how you can find stocks that make regular payments to shareholders, and explore the two popular…
22nd Jan 2025
If 2024 will be known for anything, it will be the year that AI stocks took over the stock market. Numerous artificial intelligence stocks boomed last year with NVIDIA rising 171%, and Palantir surging by a whopping 369%. It is no surprise that many investors want to add AI stocks to their portfolio, particularly investors…
13th Jan 2025
Understanding how to buy stocks is the first step towards building a robust financial future for yourself. Do you like the idea of putting your faith in a company that you believe in? Or maybe you’ve identified a firm that has the potential to become a market leader in its industry, and you ‘want in’…
1st Jan 2025
Innovative Finance ISAs (IFISA) quietly hit the market a few years ago – but what are they, and could they beat the returns you get in your cash ISA? From the basic concept to the potential returns, here’s everything you need to know about investing in an IFISA. What is an IFISA? Is your money…
3rd Dec 2024
Soon comes round, doesn’t it? With less than four weeks to go until the big day, many of us will be having a serious think about what we’d like to give our loved ones for Christmas. If you’ve children, you probably already have a long list, but in this article, we’re going to add another…
10th Sep 2024
Pensions can be very confusing – and we seem to be expected to just know how it all works! So, we’ve put together this FAQ guide for the most commonly asked pension questions to try and help you wrap your head around your pension. What Is a Pension? Understanding Workplace Pension Auto Enrolment Do I…
