Yields and Isa rules affect understanding of fixed income

Skipton Building Society says a survey of its Isa and Tessa customers has found wide variations in levels of understanding about the pending changes and how they could affect investment decisions. Most worryingly, it found that 52% of its customers were completely unaware of the changes, such as the ending of the dividend tax credit. ISIS Asset Management also says such uncertainty is likely to help sales of corporate bonds through this Isa season as investors continue to avoid risk associated with equities. However, the danger is promises of high yields from bonds will also lead i...