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Any special offers for ISA

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amsjrt
amsjrt Posts: 88 Forumite
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in ISAs & tax-free savings
Hi,

With the tax year 2006/07 approaching and the next tax year starting, do you think there will be special offers for cash ISA or Share ISA eg introductory interest rates, or reduced initial charge etc.

I have £6000 now but not sure whether I should invest now or wait til April/May to check with any special offer might start around that time?

amsjrt

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  • tom188
    tom188 Posts: 2,330 Forumite
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    You will lose this years tax allowance forever if you wait til april/may
  • amsjrt
    amsjrt Posts: 88 Forumite
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    In that case, do you think there might be special offers in Feb/Mar for tax year 2006/07 and April/May for tax year 2007/08?
  • dunstonh
    dunstonh Posts: 116,701 Forumite
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    what do you mean by special offer or what did you have in mind?

    Where do you want to invest? What sort of investments do you wish to place inside the ISA wrapper?
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • jamesd
    jamesd Posts: 26,103 Forumite
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    Some funds are reducing initial charges but whether you'll see any difference in a fund supermarket like h-l is doubtful.
  • dunstonh
    dunstonh Posts: 116,701 Forumite
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    it is noticeable that January, as is normal, is a light month for fund discounts.

    I dont take much notice of fund discounts. Shaving 0.5% or 1% off to go into a sub standard fund is short sighted. I notice Scottish Widows have a discount on their initial at present and I feel sorry for all those that invest in their unit trust funds on that basis.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
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