1st July 2014 marked the end of ISAs and the beginning of NISAs

It was less than four months ago that George Osborne announced that ISAs would be replaced with ‘New ISAs’ (NISAs).

The news was overshadowed by the pensions reforms, so as a reminder, here is what the rules are now:

These changes will mean new product developments, with some providers planning to incorporate both cash and stocks & shares components within a single NISA.

The value of your investment can go down as well as up and you may not get back the full amount you invested. Past performance is not a reliable indicator of future performance.

Investing in shares should be regarded as a long-term investment and should fit in with your overall attitude to risk and financial circumstances. Tax laws can change.