More than 500,000 savers have opened Help to Buy ISAs after being told by George Osborne that it provided “direct government support” for those saving for a deposit, as a way of getting “Generation Rent” on to the housing ladder. It emerged late last week that these savings will not be able to be used as part of the initial deposit for their home purchase (ISA).
Members of the financial services industry have responded critically to proposed features of a Workplace Isa, unveiled by the Centre for Policy Studies
People who have individual savings accounts (ISAs) should capitalise on tax-free savings by putting the entire allowance in at the beginning of the tax year to gain the most amount of interest (ISA Investment)
A Lifetime ISA which matches investors contributions with a 25 per cent bonus unveiled by Chancellor George Osborne in this weeks Budget.