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The Isa is a fantastic saving and investing invention. It wraps around your savings and investments, protecting them from tax on interest, profits and dividends, and is a wonderful way to build long-term wealth. To my mind, outside of the money you stash away for your pension, saving or investing into an Isa is a no-brainer. But the Isa system also needs a radical change, because it’s not up to scratch anymore. It s time to fix the Isa system to make it more suitable for the modern age and allow people to pay new money into more than one provider s version of each, says Simon Lambert ....
The crazy Isa rule where you can only pay into one account must change thisismoney.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisismoney.co.uk Daily Mail and Mail on Sunday newspapers.