Help for mum.

mecca1963

My mum has an isa that expires in a couple of weeks.
Any advice to re-invest would be appreciated.

macman

Cash ISA? Look at the savings section on the mains site, best buy cash ISA's are listed there.
You don't give nearly enough info for anyone to give meaningful advice: for example, total amount for reinvestment, fixed or variable rate, access required, term...

plunt

worth factoring in her tax rate/income and potentially putting money into a year long fixed rate account due to the upcoming tax changes on interest (first 1000 tax free, or 500 if 40% tax payer) this is only in the next tax year

redpete

mecca1963 wrote: »

My mum has an isa that expires in a couple of weeks.
Any advice to re-invest would be appreciated.

How much?
What term (when might she want access to the money, might she want earlier access in an emergency)?
What is the purpose for the savings / investment?
What level of risk is she happy with?
Does she pay tax? What level?
Have you considered the higher interest-paying current accounts?

plunt

redpete wrote: »

How much?
What term (when might she want access to the money, might she want earlier access in an emergency)?
What is the purpose for the savings / investment?
What level of risk is she happy with?
Does she pay tax? What level?
Have you considered the higher interest-paying current accounts?

- what level of hassle do you want to go through
- age? (eg: is she okay with internet based accounts)
- who does she currently bank with (incase she doesnt want to go else where...)


For the most part not much anyone here will be able to properly help you with unless you help us with information!