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MSE News: Autumn Statement: Cash Isa limit to rise to £5,760

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  • jimjames
    jimjames Posts: 18,800 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Matters to the other 77% though.

    I'm not sure it does either. 23% break even, the rest probably don't have savings to fill an ISA.

    The average salary is approx £25k before tax.

    Even the current limit of £5760 is 20% of average pre tax income so not very likely for someone at that level to fill an ISA let alone at £11k.
    I don't want some risky Stocks and Shares rubbish.
    You mean some rubbish that might have a chance of matching or beating inflation rather than losing value month after month like cash?
    Remember the saying: if it looks too good to be true it almost certainly is.
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