Nationwide says happy birthday to Isas
www.moneynews.co.uk > Banking > Nationwide says happy birthday to Isas
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Nationwide says happy birthday to Isas
Thu 2nd Apr 2009
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Nationwide has wished Isas a happy tenth birthday, claiming that savers who have made full use of their cash Isa allowance since 1999 may have saved £39,588 by the end of this year.
Isas were introduced in the same year that the UK witnessed the first solar eclipse in 70 years and last won the Eurovision Song Contest, when Katrina and the Waves brought home the prize.
"Over the last ten years, millions of people across the country have benefited from the tax-efficient savings that an Isa offers," said Andy McQueen, savings and mortgages director at Nationwide.
"Although interest rates are at an historic low, putting money aside on a regular basis is very important."
Meanwhile, Nationwide's home insurance was recently given a five-star rating by Defaqto.
Click here for more banking news.
Related News : Banking |
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Related News : Nationwide |
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