Nationwide ISA Savings Guide Video (2011/12)
Visit www.nationwide.co.uk for information on ISAs, or www.nationwide.co.uk to compare our ISA range. Money expert, Michelle Slade, talks to Nationwide Building Society’s head of savings, Richard Marriott, about how cash ISAs can make your savings work harder. Nationwide research has found that cash ISA savers are losing out on around £500 million of interest through not fully topping up their cash ISA. View our ISA Savings Guide video for more information. Each tax year, you have an allowance that you can use for your ISA. For the tax year ending 5 April 2012, your maximum is £10680, of which you can save up to £5340 as a cash ISA, with the remainder in a stocks and shares ISA, or you can invest your entire allowance of £10680 in a stocks and shares ISA. Stocks and shares ISAs – the value of your investments can go down as well as up, so you could get back less than you invested. You can find further risk information at www.nationwide.co.uk The tax information provided is based on our current understanding of current law and HM Revenue & Customs practice which can change.
Video Rating: 5 / 5