Families looking to make the most of their income in the current economic situation may be interested in a new cash Isa investment plan from the Post Office .
Collaborating with Family Investments, the organisation is offering a capital-guaranteed bond cash Isa for parents to make tax-efficient savings for them and their children and it is hoped the products will be as successful as the Post Office's previous options.
Family Investments has been around for more than 30 years, providing financial products such as Child Trust Funds and cash Isas to parents.
John Reeve, Chief Executive, Family Investments said: "This new Isa is just one of a number of developments we are working on with Post Office. Partnering with high street names such as Abbey, Barclays and Post Office has been very successful in driving our Child Trust Fund business and we believe the same approach will grow our Isa offering substantially."
Savings account provider Leeds Building Society recently announced it is allowing customers to add £1,500 to their tax-free deposits, even if they have already filled the Isa quota for 2009/2010.
Post Office offers new family investment Isa
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Post Office offers new family investment Isa
Thu, 13 Aug 2009
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