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The government has confirmed that the limit for Junior ISA accounts will increase to £3,600 per year. Junior ISA accounts will effectively replace Child Trust Funds. Parents, grandparents, family members and friends will soon be able to contribute to a new tax-advantaged savings scheme designed especially for children. Junior ISA key points All UK resident […]

The Junior ISA which is due to be launched in November 2011, is a new government scheme designed to encourage saving. It is warmly welcomed by Fidelity because it has the ability to teach young people the importance of saving as early as possible in their life. This lesson has never been more important with […]

Rob Fisher, Head of Personal Investments Fidelity International said: “Fidelity International can confirm that it will be offering the Junior ISA from 1st November 2011. Fidelity customers will be able to invest their annual allowance (expected to be £3,600) in Fidelity’s wide range of funds and investment trusts, as well as access a wide choice […]

Think of a Cash ISA as simply a savings account that you hold with a bank or building society – in the traditional way, you will pay interest on the amount you save, but unlike other savings accounts, this interest has a yearly tax-free allowance. This ISA allowance is why Cash ISA’s are a much […]

If you play your cards right, investing in Stocks and Shares ISAs will not only allow you to take advantage of the yearly tax-free allowance which currently stands at £10 680, you will also be able to earn substantial profits. Nevertheless, the risks of Stocks and Shares ISAs are greater than their Cash ISA counterparts, […]