'Astonishing' 4 in 10 high earners shun ISAs

The latest data from HMRC reveals an “astonishing” 40% of high earners failed to take out an ISA in the 2018/19 tax year.

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£79m more into ISAs in April than previous 12 months

Over £79m more was invested into ISAs in April than was invested in total over the previous 12 months.

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Earlybird ISAs investors likely to be middle aged

Clients aged 30-54 are the most likely to have been the first to invest in equity ISAs in the new tax year, according to Hargreaves Lansdown data.

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Think-tank urges cut in ISA allowance

Think-tank The Social Market Foundation has called for the tax-free ISA allowance to be cut with the money saved used to reward saving by young people on low incomes.

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