Fidelity launches workplace ISA

The workplace ISA allows employees to access payroll deduction, as well as the ability to make one-off payments directly into the ISA and consolidate existing ISA savings. Employees will also benefit from significant savings on fund charges and access to over 1200 funds. They will also be able to access the Select List (a short list of expertly chosen funds) as well as a mutual fund evaluator and Fidelity's full range of online research tools. Fidelity says the new product is aimed at employees who are discouraged by the rigid nature of pension savings vehicles. "We have seen a ...