One reason shares look cheap is because the institutions that manage pension funds have become very averse to risk and are treating equities with caution. But Money Observer's analysis shows that both the fourth quarter of the calendar and fiscal years historically provide the best returns. With that in mind, it is urging Isa investors to consider the benefits of investing now, rather than waiting until the end of the tax year. There's plenty of fund, trust and share tips to help readers on their way.
According to Moneyfacts, providers are increasingly setting withdrawal terms and conditions on the level of interest paid. This week, Alliance and Leicester launched its Direct Saver account, paying 5.25 per cent each month. But if any withdrawals are made, the interest is lost.
Savers are being urged to look beyond headline rates of instant access savings accounts - or they could end up forfeiting interest paid.
Tags:
Direct saver account
Observers analysis
Instant access savings
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