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Exchange: Good News for Savers

Exchange - June 2007
(Graeme Young)

It has been announced, that the annual investment in an ISA will be raised to a sum of £7,200 from April 2008 whilst the amount which can be invested in Cash ISAs will increase from £3,000 to £3,600.

These changes are in addition to the proposals announced previously that it will now be possible to transfer from Cash ISAs to Stocks and Shares ISAs, although it should be noted, that a transfer in the other direction is not permitted.

For more information on Investments, why not call us on 01382 229111.

Read more Exchange, Issue 10 articles