Stocks and Shares ISA switch could boost income-Fidelity
Income investors who have built up savings in cash ISAs over the past decade may wish to consider rolling some of their holdings into Stocks & Shares ISAs, says Fidelity International.
With the Bank Rate at 1% the average rate on a Cash ISA is now only 2.1% so a saver with the average investment of £2,200 in a Cash ISA would receive a projected annual income of just £46.20. This is...
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