Individual Savings Accounts (ISAs)

In a lot of ways, setting up an ISA is the easy part. Once you’ve selected the right account for you, you can fund it with a lump sum if you have one at your disposal, or drip-feed cash into it on a monthly basis.

EQi has more than 50 customers with ISA portfolios that have passed the £1 million mark. Last week, we shared the story of how one EQi customer has built a portfolio worth over £1 million in his Stocks and Shares ISA. Here, Brian* talks us through the high and low points of his time as an investor, plus his tips on how to build a successful portfolio.

The new tax year started on 6 April. It’s not quite the same as the calendar new year (there are no fireworks to mark a new financial year), but that shouldn’t stop you from making some important financial New Year resolutions.

For investors yet to shelter the maximum £20,000 for the current tax year, it’s important to work out the best route to take full advantage of the allowance. And even though ISAs were designed to be straightforward savings vehicles, there’s plenty of jargon to get your head around - even for seasoned investors. Here we explain some important terms that will help you learn more about how to maximise your ISA savings.

It can be tricky to work out how to organise your investments to make the best use of tax allowances and optimise returns. If you are thinking about opening an ISA or topping up your current ISA, you are likely to face a decision over whether to go for stocks and shares, or cash, or a bit of both.

Why it makes sense to give your investment portfolio a spring clean.

If you are planning your own retirement savings on top of any workplace scheme you might have, then trying to choose between the many different options could leave you confused and frazzled.

The start of a new tax year comes with a shiny new ISA allowance, currently sitting at a generous £20,000. However, while the temptation may be to sit back and relax, secure in the knowledge that you have a year to make the most of it, there are real advantages to getting started early in the tax year.

As a qualified chartered accountant, Leah* is all too aware how tax can eat into the value of people’s savings and investments. When it comes to her own money, she wants to make sure it is invested as tax-efficiently as possible, and this was one of the reasons she opened a SIPP with EQi.

Investing for a comfortable retirement is an ongoing process, not a one-off exercise. You will need to check you are on course to achieve the required level of income when you give up work as interest rates and returns from different assets may change over time.

EQi has more than 50 customers with ISA portfolios that have passed the £1 million mark. ISA savers who want to follow suit and join the growing number of ISA millionaires might be curious to know how it’s done.

The popularity of ISAs has largely been down to their sheer simplicity. There is currently more than £66.9 sitting in adult ISAs with close to 12 million people subscribed in the 2021/2022 tax year

An Individual Savings Account (ISA) is a flexible and tax-efficient vehicle. There are a number of ISA options available to investors. One of these is a £20,000 annual allowance for a cash ISA, which operates in much the same way as a typical savings account.