Ipswich Financial Adviser

What do you do if your ISA is not performing? You may well have ISA’s (Individual Savings Accounts) that you have invested in and the performance is not what you had hoped for.

There is a solution to this; the top tip is NOT to cash them in, unless you actually need the money for something. This relates to cash ISA’s or investment linked ISA’s.

It is much better to SWITCH the ISA to another provider. By switching you can then get better performance or a better interest rate on your ISA monies. If you surrender and cash in your ISA, then you will loose the tax efficient status that the ISA gives you.

If you need any help or advice on the correct ISA for you, please contact Thompson Financial Consulting and we’ll be happy to help.

The value of investments and the income from them can go down as well as up and an investor may not get back the amount invested. Past performance is not a guide to future performance.