UK adults let ISAs 'go to waste'

In the 10 months from April 2007 to end-January 2008, just £6.864bn was invested in both mini and maxi stocks and shares ISAs in total. It also meant UK adults had invested on average less than 5pc of the equivalent of their mini stocks and shares ISA entitlement. Commenting Will Hale, head of Distribution at Lincoln Financial Group said: "People need to save more to give themselves more financial security and meet their long-term financial goals. "No doubt people have been put off investing in equities because of the uncertainty on financial markets but equities tend to outperform in...