Willis Owen says Isas can help build a nest egg
www.moneynews.co.uk > Banking > Willis Owen says Isas can help build a nest egg
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Money News |
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Willis Owen says Isas can help build a nest egg
Fri 30th Apr 2010
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Alan Easter, director of the firm, made his comments regarding Investment Management Association (IMA) figures released this week, which showed that there are record levels of capital going into Isas currently.
The IMA revealed that the level of investment in such financial tools is at its highest point for eight years, reaching £604 million in March 2010.
Mr Easter noted that the two most popular sectors at Willis Owen have been Global Growth and UK Equity Income & Growth, with the Neptune Global Equity fund proving to be a common choice among investors.
"Investors are rightly taking advantage of the tax-free benefits of investing within an ISA. With the overall annual allowance now £10,200 investors can build up a substantial nest egg," remarked the finance expert.
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