How to save or invest in an Isa and why it’s worth doing: TiM podcast

What’s the point in an Isa? This is a regular grumble as savings rates are now so low that earning 1 per cent would be a big deal.

But wouldn’t you rather have all of a small amount instead of a small amount minus tax?

And if you are investing, an Isa makes a lot of sense – embracing your gains and dividends in a nice tax-free wrapper.

On this week’s podcast, Georgie Frost, Lee Boyce and Simon Lambert talk Isas: from the classics, cash and stocks and shares, to the upstarts the lifetime and junior strands.

The team discuss why an Isa is worth having, even a cash one when the personal savings allowance exists and rates are rubbish.

And Simon gives his quick guide to investing easily in an Isa, with a whistle-stop tour through the ‘why, how and what’ that could help you grow your wealth long-term.

The team also discuss whether a lifetime Isa is worth having and whether a junior Isa or a slice of your own is the best place to save for children.

And finally, if you’d like to both turn a profit and make your money do some good, what about ethical investing?

Is the ESG label (environmental, social and governance) just a marketing ruse and how ethical are these funds? We run through the spectrum of investments that try to be ethical and give some ideas on what might fit the bill

This post first appeared on Dailymail.co.uk