Principality Building Society Isa investors told to hurry

www.moneynews.co.uk > Banking > Principality Building Society Isa investors told to hurry

Principality Building Society Isa investors told to hurry

Thu 25th Mar 2010

James Wright, marketing director of the organisation, said investing in an Isa has greater advantages than just the tax-free benefits and added that if more people started to save this would create positive repercussions for the greater economy.

He added: "For savers who haven't opened an Isa this tax-year or still haven't reached this year's annual limit of £3,600, the deadline for doing so is fast approaching."

A Principality survey found 50.9 per cent of people believe it is more important than ever to save yet over three-quarters remain sceptical and say that they will not save because of low interest rates.

Willis Owen, a discount broker, commented that Alistair Darling's Budget proposal to increase the Isa allowance in sequence with rising inflation represents a positive move for account holders but this may make customers confused.

Click here for more banking news

Related News : Banking
	Young people 'should be taught to save'
	Families 'should plan for their children's future
	Switching bank accounts 'not as easy as banks portray'
	Brits facing finance difficulties 'should talk to their bank'
	Brits 'should utilise Isa allowances'
	Brits advised on investment options
	Children 'should be given bank accounts at 16'
	Falling inflation 'could help Brits save'
	Money worries 'are mounting for many'
	Contactless payment 'is secure and convenient'