Junior ISAs Explained
Since the Child Trust Fund scheme ended (to new applicants) in January 2011 there has been little to replace it but in November 2011 a new Junior ISA is to be introduced by the government to provide tax free savings vehicles for children. Unlike a standard ISA you can have separate cash and share-based accounts and with a much larger limit on yearly investment that CTFs, Junior ISAs seem like a good deal.
It has often been thought that a current account is just the same at all banks or building societies where interest rates are scandalously low and overdrafts are hard to come by but it is a little bit more complicated than that. Here we try to guide you towards the best current account for your needs whether that is a student account, offshore account or premier current account (those that give you extra benefits such as free travel insurance, breakdown cover etc.).
Personal Savings Accounts
It’s no secret that most people are looking for the highest interest rate when they choose a personal savings account but there are a few different types of savings vehicles to compare before you opt for one. The aim of this article is to give you a run down of some of the more popular types of personal savings including easy access accounts, notice accounts, fixed rate bonds, regular savers and offshore accounts.
The ISA Jargon Buster
ISAs are not always the easiest thing to get your head around and this confusion leads many to avoid them and miss out on the tax free benefits that ISAs bring. Here we attempt to demystify some of the more popular jargon surrounding ISAs from the difference between cash and investment ISAs to investment limits and risks involved.