ISA investors being lured by equities - Investments - News | moneyfacts.co.uk

News

Moneyfacts.co.uk News brings you the latest financial & economic news & reviews of the best products in the UK by our team of money experts.

ISA investors being lured by equities

ISA investors being lured by equities

Category: Investments

Updated: 17/03/2009
First Published: 13/03/2009

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Almost nine out of ten (89%) investors are planning to place the overwhelming majority of their ISA investments into equities next tax year, despite the ongoing volatility in the markets.

According to research from Barclays Stockbrokers, two thirds (66%) of investors surveyed had invested in an investment ISA this tax year, and of those almost half (45%) had invested the full £7,200 allowance.

However, at a time when many investors are unsure which direction the FTSE index may move next, there are a significant number of investors (41%) who are more cautious than they were previously.

"While the ongoing market volatility of recent months has clearly taken its toll on investor confidence, our research shows that there's still a place for equities in investors' portfolios," said Barbara-Ann King, head of investments.

With the end of the tax year fast approaching, time is running out for those of you yet to have utilised your 2008/09 isa allowance.

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

 
 
Close