Friday, February 24, 2012

Personal finance: Three ways of saving | Prospect Magazine

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22nd February 2012 ??? Issue 192

ISAs, SIPPs and saving for the kids?all can offer attractive options. Below, experts give guidance on how to proceed

At the very least, ISAs allow investors to be tax effective
Danny Cox, head of advice, Hargreaves Lansdown

The government offers generous tax breaks to encourage use of Individual Savings Accounts (ISAs). These are not investments in their own right, but more like a wrapper in which to shelter savings and investments from tax.

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Source: http://www.prospectmagazine.co.uk/2012/02/personal-finance-three-ways-of-saving/

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