Where are ISA savers and investors putting their money?

With less than three months until the end of the tax year, where are ISA savers and investors putting their money? We look at the latest ISA trends.

Woman checking stock market data on smartphone while drinking coffee
(Image credit: Oscar Wong via Getty Images)

On a frosty day in January, April might seem like a world away. But the end of the tax year will come around quickly and your annual £20,000 ISA allowance will disappear with it.

There are lots of different types of ISA available, allowing you to save or invest your money in a tax-efficient way. These include cash ISAs where you can currently earn rates of up to 5.01%, or stocks and shares ISAs where you can aim to achieve long-term growth tax-free.

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Katie Williams
Staff Writer

Katie has a background in investment writing and is interested in everything to do with personal finance, politics, and investing. She enjoys translating complex topics into easy-to-understand stories to help people make the most of their money.

Katie believes investing shouldn’t be complicated, and that demystifying it can help normal people improve their lives.

Before joining the MoneyWeek team, Katie worked as an investment writer at Invesco, a global asset management firm. She joined the company as a graduate in 2019. While there, she wrote about the global economy, bond markets, alternative investments and UK equities.

Katie loves writing and studied English at the University of Cambridge. Outside of work, she enjoys going to the theatre, reading novels, travelling and trying new restaurants with friends.