This at-a-glance guide is intended to give you a quick snapshot of a range of different investment vehicles available.
Investments
Investing money needs careful consideration and you need to be absolutely sure of the risks involved. This section provides generic information on different types of saving & investment. You should seek advice appropriate to your specific circumstances prior to making any decisions.
In 2017 the contribution limit for Cash ISAs and Stocks and Shares ISAs was effectively merged, with the overall limit increased to £20,000
There are various deposit-based investment vehicles available in the marketplace. Many customers will have money on deposit either with a bank or building society.
There are many different asset-backed investments open to the individual investor. Each type has own specific risks, benefits and taxation treatment.
A platform brings together your investments and pensions online, allowing you to view them in one place – a bit like online banking.
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A report by MPs says the product needs to be reformed and many savers who have been in touch tend to agree.
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