Investment ISA allowance – Final two weeks
According to a research from Barclays (barclays.co.uk), over a third (35%) of the money put into investment ISAs is invested in the final two weeks. The research sheds light on the late scramble by investors to make full use of their ISAs before the end of the tax year.
To enable more customers to invest at their own convenience, Barclays recently enhanced its investment online platform making it simpler and easier for people to invest 24/7. The platform is a simple, jargon-free educational-based website, which gives customers the information and tools they need to make informed investment decisions.
Customers can choose from the Foundation and Investors’ Choice ISAs. Both ISAs are available through the enhanced Barclays Investments Online platform at 0% initial charge and anyone who invests a minimum of £5,000 and keeps their investment for at least 90 days will receive a John Lewis voucher worth £50. Investors can use the platform to keep track of their investment 24 hours a day, seven days a week and also follow a series of articles written by Cherry Reynard, an independent financial journalist, to help them understand the world of investment (www.barclays.co.uk/investments).
