We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
ISA stakeholder standard
Northern_Belle
Posts: 1 Newbie
I can't find any info on this subject anywhere. On checking the best Mini Cash ISA to invest in, the A&L at 5.2% says does not meet government standard and the Halifax at 5% says meets stakeholder standard. Can anyone please advise what this means so that I can choose a suitable ISA. Thanks.
0
Comments
-
The information is included in the Government's official Stakeholder Savings site. According to this site only Halifax/BoS, HSBC and Nationwide offer Stakeholder Cash ISAs.0
-
That's shocking - just three providers!
BTW First Direct - part of HSBC - has a stakeholder or 'CAT' standard ISA to my knowledge.
Why did they have to remove 'CAT', a term which people would gradually come to associate with the branding of ISAs and replace it with 'Stakeholder', a term which is synonymous with new-style penson products? It would have been better to have left these distinctions IMO. [Hmm... Spending on new headed notepaper before the public sector boom ends, I suppose?].....under construction.... COVID is a [discontinued] scam0 -
Why is it shocking? If CAT had meant anything significant it would have survived.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.2K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.3K Work, Benefits & Business
- 601K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards