ISA LIMIT FOR OVER 50’s HAS NOW INCREASED
Pubslihed: 06/10/2009
From today (6th October 2009) the amount people can save in an ISA has risen from £7,200 to £10,200. The new limit is for anyone born on or before 5 April 1960. For everyone else, the limit will rise from 6 April 2010.
The whole £10,200 can go into share ISA’s or you can split the allowance between cash and shares, with a maximum cash amount set at £5,100.
If you have any queries regarding your ISA situation and would like to discuss this with an adviser, please contact us on 0800 018 6020.
