This means attempting to shore up your savings – even tax-free – in a cash ISA is losing you money over the medium- to long-term.Yet many investors are still squirreling their capital away in these inadequate savings schemes, even if they have a long enough time horizon to warrant a bit more risk.
In the latest edition of FE Investazine, we reveal the best cash ISA rates on offer (spoiler alert: they aren’t anything to write home about) and also explain everything you need to know about ISAs.
There are a number of investment ideas to make more of your savings over the long-term, delivering results well ahead of cash.
The important thing is to keep an eye on your investments throughout the year – not just ahead of the tax deadline – and do your research.
From this edition, we’re also partnering with our new retail website, Trustnet Direct, which is a dedicated private investor service for those of our readers who are managing – or thinking about managing – their own investments.
You can find more information on this service and how it works within the pages of FE Investazine.
For more information on ISAs and how you can make your savings work harder, download the latest edition of FE Investazine here.
