Posted 15 Feb, 2017 | By Chris Page

Which is best? Save or invest?

Whilst you might expect an increase in the cash and investment ISA limit to be welcomed, at least one dissenting voice has come from Steve Webb, former Pensions Minister and current policy director at Royal London. Webb has warned that the rise in April from the current annual limit of £15,240 up to £20,000 could encourage poor long-term investment choices. The criticism is aimed at the cash element in particular. Webb has described cash ISAs as useful as a ‘rainy…

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