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new rules have revived interest in unloved isas

Published: 06/02/2010

The Times (Main)

The lifting in October of the annual investment limit to £10,200 for the over 50’s has given a much-needed shot in the arm to individual savings accounts (Isa’s).
 
Andrew Hagger of Moneynet.co.uk says: “It is worth shopping around for the best deal, as interest rates vary greatly. On an instant-access Isa, you can obtain as much as 2.65 per cent or as little as a measly 0.1 per cent. On a one-year fixed rate, you could obtain a modest 2 per cent with Lloyds TSB or a much more generous 3.3 per cent with the Bank of Cyprus.”

 

 

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Last Updated: 25-05-2012