F&C has warned investors to ignore the £7,000 annual ISA allowance at their peril, despite the turbulent start for equities this year.
Jason Hollands, F&C communications head, says although there is a cloud hanging over current financial markets, long term plans should not be dictated by short term considerations. While markets cycles may determine the ISA’s underlying investment choices, Hollands says it is wrong not to utilise the tax wrapper itself. “Death and taxes are two of life’s certainties,” he says. “So it really does make sense to pay attention when the Chancellor offers you a safe haven from one of these.” Hollands implores anxious investors to look at phased options. “Although weak markets represent buying...
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