Budget - ISA's for at least another 5 years !

isasmurf

deemy2004 wrote:

ISA Savers win, though it has been expected for a long-time that the ISA's would be extended,

I know what you mean but I think you've misphrased that. I don't think anybody expected that GB would extend the guaranteed life of ISAs for another year. What everybody did expect was that the limits would be extended to 2009.

Paul_Varjak

But is does not have to be a choice between ISA or pension. Nothing to stop you contributing to both in any one year is there?

Or, perhaps, when you have built up a sizeable ISA pot, then trickle feed the funds to a SIPP or stakeholder pension?

For thos investing in mini ISAs from 2005-2006, you will be able to take advantage of £7,000 (rather than £6,000 - if you did not want the insurance ISA). You can put £3,000 into cash ISA and £4,000 into shares ISA.

You can still put full £7,000 into stocks and shares Maxi ISA

deemy2004

Paul_Varjak wrote:

But is does not have to be a choice between ISA or pension. Nothing to stop you contributing to both in any one year is there?

Or, perhaps, when you have built up a sizeable ISA pot, then trickle feed the funds to a SIPP or stakeholder pension?

For thos investing in mini ISAs from 2005-2006, you will be able to take advantage of £7,000 (rather than £6,000 - if you did not want the insurance ISA). You can put £3,000 into cash ISA and £4,000 into shares ISA.

You can still put full £7,000 into stocks and shares Maxi ISA

My employer pays into my SIPP. I could always pay in a lump sum later on if I feel its worth it.