Health insurance firm Vitality has launched a new retirement-focused investment proposition which will use cashflow modelling to help clients make the right decisions.

A total of £620m was invested in ISAs during March as the final rush to invest in the 2017/18 tax year got under way, the Investment Association has reported.

Cash ISAs have provided the lowest rates of return since they were launched, according to an industry report.

Bristol-based investment provider and wealth manager Hargreaves Lansdown has revealed that the number of people saving into ISAs with the firm has risen by 40% since January 2016.