Newspaper article The Journal (Newcastle, England)

How Can You. Make Sure Your Savings Remain Protected When Higher Isa Limits Come In?

Newspaper article The Journal (Newcastle, England)

How Can You. Make Sure Your Savings Remain Protected When Higher Isa Limits Come In?

Article excerpt

FROM next month, savers will enjoy the benefits of being able to put much more of their cash away tax free, with the creation of a new "super Isa".

FROM next month, savers will enjoy the benefits of being able to put much more of their cash away tax free, with the creation of a new "super Isa".

As announced in the Budget, the overall Isa limit will increase to PS15,000 from July 1, and the full amount can be held in either cash, or stocks and shares, or a combination of both.

As announced in the Budget, the overall Isa limit will increase to PS15,000 from July 1, and the full amount can be held in either cash, or stocks and shares, or a combination of both.

The increase is likely to mean that some people reach their protection limits under the The increase is likely to mean that some people reach their protection limits under the Financial Services Compensation Scheme (FSCS) more quickly than they might otherwise have done.

Financial Services Compensation Scheme (FSCS) more quickly than they might otherwise have done. …

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