Theoretically gilts, or funds composed of gilts, are at least as safe as [the first £85k per bank of] consumer savings, as they are backed by the gov't. In terms of volatility, very short-dated gilts… (View Post)

Fair. I am now imagining explaining to my parents in law how Vanguard's short term £ MM fund held through XYZ's online investment platform is "just like" the cash ISA they were going to ope… (View Post)

Well there is that issue of course. What is the tax relief for ? I thought it was just to encourage us to be less of a burden on the state by increasing long term personal saving, but if RR is going … (View Post)

You can easily replicate the risk and return characteristics of a cash ISA within a stocks and shares ISA: short dated gilts, money market funds made up of said gilts plus other short dated debt... (View Post)

NI rates important here. It's just another income tax after all. As a basic principle an employee should keep at least half of the overall payroll cost to the employer. (View Post)