Pima advises on Isa investments
22/02/2007
Savers should consider an individual savings account (Isa) if they are looking for a diverse investment vehicle for their funds, claims an expert.
The accounts offer users tax-free benefits and have a wide range of eligible investment opportunities across the globe, according to the Pep and Isa Managers' Association (Pima).
In addition, the trade organisation notes that February is the ideal time for consumers to start planning how to get the most from their savings for the year and Pima cites an Isa as the most popular option among individual investors in the UK.
"Throughout the festive period, there are many excuses for not saving, but with spring on the way and the end of the tax year upon us, it's time to think about how to maximise savings," comments Tony Vine-Lott, director general at the association.
Pima also points out that there are a number of ways for savers to open an Isa, including via the internet, by telephone, through the post and by visiting a local financial services branch.
Headed by chairman and former share registration expert John Brasington, Pima represents the interests of more than 100 member companies operating as stockbrokers, fund managers and third-party administrators.
The accounts offer users tax-free benefits and have a wide range of eligible investment opportunities across the globe, according to the Pep and Isa Managers' Association (Pima).
In addition, the trade organisation notes that February is the ideal time for consumers to start planning how to get the most from their savings for the year and Pima cites an Isa as the most popular option among individual investors in the UK.
"Throughout the festive period, there are many excuses for not saving, but with spring on the way and the end of the tax year upon us, it's time to think about how to maximise savings," comments Tony Vine-Lott, director general at the association.
Pima also points out that there are a number of ways for savers to open an Isa, including via the internet, by telephone, through the post and by visiting a local financial services branch.
Headed by chairman and former share registration expert John Brasington, Pima represents the interests of more than 100 member companies operating as stockbrokers, fund managers and third-party administrators.
