Financial news categories
Financial news archive
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- February 2009
- January 2009
- December 2008
- November 2008
- October 2008
- September 2008
- August 2008
- July 2008
- June 2008
- May 2008
- April 2008
- March 2008
- February 2008
All adults 'should have an Isa'
15 April 2008
All adults in the UK should ensure they have an Isa account and make the most of the tax free savings it provides, it has been claimed.
Roy Beale, media relations officer at Nationwide, said that consumers should take advantage of one of the "few opportunities" where you can avoid paying tax.
"Isas really can be easy to understand and it is important that more is done to encourage people to use their yearly allowance", he added.
His comments follow research carried out last month by the building society which found that 75 per cent of people were unaware that changes had been made to Isas in April.
According to Nationwide, 62 per cent of people in the UK still do not have an Isa and one in five have avoided taking one out because they feel confused by them.
"Every adult in the UK should have an Isa" so that they can benefit from the "tax-efficient savings vehicle", Mr Beal said. 
