Back

Cash ISAs and Bank Deposits - do you think you are getting a good return?

With bank base interest rates at their current low levels and likely to continue, for anyone who has money invested in Cash ISAs or bank deposits, now is the time to review your options to achieve potentially better returns if you are seeking capital growth or income from your investments.

In his 2009 Budget speech the Chancellor announced that with the maximum amount which can be invested in a tax-efficient ISA will rise from £7,200 to £10,200 and in addition, monies held in Cash ISAs can easily be transferred into Stocks and Shares ISAs without affecting the current ISA limits.

A number of new and innovative products have also been launched recently offering capital guarantees and relatively good returns as an alternative to traditional bank deposit accounts.
If you would like to review your ISA and bank deposits, to offer the potential for greater growth you need make sure you talk to your independent financial adviser immediately.

To obtain further information please click here (link to ifa@josephlamb.co.uk)