Savers ignorantof ISA limits
Only one in 10 people know how much they can save tax-free into an ISA each year, says Lloyds TSB.
A survey published today shows only 11 per cent of people know what the annual ISA allowance is, while only nine per cent were aware of what it would increase to on April 6. The allowance for under-50s is 7,200 each year; it goes up to 10,200. Over-50s already have the 10,200 allowance.