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Great care is needed with use of ISAs

Thirteen top providers are the focus of an investigation into the adequacy of explanations regarding money being transferred between cash Individual Savings Accounts.

Account holders could lose money if they do not abide by the rules for tax-free accounts. Which? provided the report, which indicated terrible interest rates on ISAs. They said that if the rules [...]

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February 27th, 2011 | Tags: individual savings account, ISA cash transfers, ISA interest rates | Category: Financial Management | Leave a comment

Northern Rock ISA

An ISA (individual savings account) is simply that:  a savings account on which you do not have to pay tax on the interest your money earns, currently to £5,100 in one year.  Possibly the best rates on the market at present are offered by Northern Rock with three new issues of fixed rate cash ISA’s.  [...]

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December 2nd, 2010 | Tags: individual savings account, Northern Rock, Northern Rock ISA | Category: Savings | Leave a comment

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