26 Feb 2015

A question about : STOCKS AND SHARES ISA's

I have recently retired, and although I do not have lots of money I have part of a lump sum left to put away for this year. I already have Cash Isa's but as the rates are so low I was thinking of a stocks and shares ISA for a bit of a risk and the chance of a better deal. I did contact my ex employers financial adviser and I do not think he was interested in my small amount of cash it is about Ј25000 to put away. I already have ready cash plus Ј25000 in old Cash ISA's. Any advice is appreciated please.

Best answers:

  • If you are looking for income, I would suggest having a look at a few investment trusts - City of London, Temple Bar, Edinburgh, Murray International etc
    Recent article on RIT may give more of a picture https://www.retirementinvestingtoday....nvestment.html
    By the way, I would not regard Ј25K as 'small' - should produce a tax free income of around Ј1,000 pa in a S&S ISA.
  • Thank you for the reply. My employer's adviser asked me to e mail him some information re my income etc. I did this and I did not hear anything further. So assumed it was too little for him.
    I will look at the information you have given, thank you.
  • Do a search on here. There is tons of advice for small S&S ISAs
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