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 Glossary   >   I   >   "ISA" Definition   

        ISA

Stands for Individual Savings Accounts which the Government introduced on 6th April 1999. ISAs replaced PEPs and TESSAs - no further investments are allowed into the latter, though you can retain existing investments within them tax-free. ISAs offer similar tax-free benefits to PEPs but you can hold a wider range of investments.

ISA
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ISA \ Stands for Individual Savings Accounts which the Government introduced on 6th April 1999. ISAs replaced PEPs and TESSAs - no further investments are allowed into the latter, though you can retain existing investments within them tax-free. ISAs offer similar tax-free benefits to PEPs but you can hold a wider range of investments.


ISA / stands for individual savings accounts which the government introduced on 6th april 1999. isas replaced peps and tessas - no further investments are allowed into the latter, though you can retain existing investments within them tax-free. isas offer similar tax-free benefits to peps but you can hold a wider range of investments.