Summary
M. D. writes: I have Pounds 13,000 invested in Abbey's Easy Isa account, which now pays a measly 0.1 per cent. Would I be better off putting the money in one of the more generous taxed bonds that are now on offer? J. W. replies: Rather than losing the tax-free status it is possible to transfer to a new Isa provider paying a more generous rate.
For example, Leeds Building Society is paying 4.6 per cent on its Five-Year Fixed-Rate Isa.See the full content of this document
Extract
Keep the Isa, Quit Abbey ; Ask the Experts
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