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Savers could have trebled their money by opting for stocks and shares ISA

Summary by iNews

Savers who put money into a stocks and shares ISA ten years ago could have trebled their cash, according to analysis for The i Paper, while someone who put their money into a cash ISA would have far less.Someone who put £10,000 into a cash ISA at average rates back in February 2015 would have £11,085 today, analysis by Hargreaves Lansdown shows, but someone who put their money into a stocks and shares ISA could have as much as £33,524.Experts sa…

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iNews

Savers could have trebled their money by opting for stocks and shares ISA

8 hours ago·London, United Kingdom

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Daily Express

Rachel Reeves Cash ISA axe warning as savers demand ‘leave well alone’

Chancellor Rachel Reeves has confirmed she is considering cutting the £20,000 Cash ISA limit to encourage savers to invest in shares instead.

1 day ago·United Kingdom

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The Motley Fool UK

If a 45-year-old puts £700 a month into a Stocks and Shares ISA, here’s what they could have by retirement

Investing within a Stocks and Shares ISA is one of the most effective ways to build wealth in the UK. With a regular savings plan and a sound investment strategy, an investor can potentially build a lot of capital over the long run with these accounts. Here, I’m going to look at how much money a 45-year-old could potentially build up by retirement if they were to put £700 a month into this type of ISA. Let’s dive in. Attractive returns There’s n…

6 hours ago

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