Isas

New research has revealed that 44% of people with at least one child under six years old have increased their saving in the past two years. However, according to Scottish Friendly, the number reduces as the age of the child increases.

Scottish Friendly’s Family Finance Tracker has revealed that nearly half (46%) of women are opting to hold their long-term savings in a savings account, instead of more tax-friendly options such as a pension or ISA wrappers, compared to 39% of men. Meanwhile, 33% of men are opting to use pensi

Over a third (36%) of UK adults would set up a Junior ISA (JISA) on behalf of their grandchild, nephew, or niece if JISA rules were relaxed, Scottish Friendly has revealed. According to findings from Scottish Friendly’s Family Finance Tracker, as rules currently stand, JISA rules prohibit anyo

The UK government has abandoned plans to introduce a 'British ISA', a new type of Individual Savings Account that would have exclusively channelled savers' money into UK-listed stocks. Concerns arose that this new product would further complicate the investment market for individuals.

In a move set to benefit younger and less wealthy investors, HM Revenue & Customs (HMRC) has reversed its position on fractional shares in Individual Savings Accounts (ISAs).

The latest annual figures have shown that the UK has 520 fewer ISA millionaires following a period of global stock market volatility. InvestingReviews.co.uk obtained the data from HMRC following a series of Freedom of Information requests. The figures showed millionaire numbers fell by a quarter to