We no longer check to see whether Telegraph. To see our content at its best we recommend upgrading if you wish to continue using IE or using another browser such as Firefox, Safari or Google Chrome. I also have one cash Isa which I did not pay into last tax year — I used all the money for stocks and shares instead — and I do not intend to pay into it this tax year either.

Put another way, you can transfer as much money as often as you like from old Isas as long as the provider accepts transfers in , without using up the Isa allowance. Will 'Nisas' mean lower Isa rates? New Isas vs new pensions. Chaos engulfs 'Nisa' switches. While transfers of past year's savings can be made at any time to any account, new or old, you can only pay new money into one stocks and shares Isa and one cash account each year.

Claire Walsh, an independent financial planner at Aspect 8, said: AW's question is not uncommon — much confusion still surrounds the new Isa rules after changes to the system were announced in the Budget in March. Despite the apparent simplification of the rules, a Telegraph poll of more than 1, readers showed 27pc found the new Isa rules "utterly bewildering".

The main reform is that savers will be able to put the entire allowance into either a stocks and shares Isa or a cash Isa, removing the lower limit currently imposed on cash.

If you can, try to use your full Isa allowance before the end of the tax year; you cannot carry forward anything unused. More 'Nisa' news sent directly to your inbox — enter your email address here. Find out how to invest in recovery with this free guide. Help protect yourself from Identity Fraud with CreditExpert. Howard Marks, an Oxford University graduate turned drug smuggler, made millions. Now he eagerly awaits royalty cheques.

Paul Daniels wasted too much on Ferraris but has made a fortune on his home - despite the flood. Following George Osborne's announcement of the Budget, The Telegraph looks at the numbers on the UK's economy and financial health.

George Osborne should simply abandon changes that will reduce incentives to save and create yet more uncertainty. A light-hearted quiz about the gaping maw of financial misery that perpetually threatens to devour us all. Accessibility links Skip to article Skip to navigation.

Sunday 18 June Andrew Oxlade Time to panic? No, follow the investment rulebook. James Bartholomew The real reason stock markets plunged in January. Kyle Caldwell My five investment resolutions for Richard Evans Globalisation doesn't mean all stock markets are the same.

I have three stocks and shares Isas, all paid into in different years.

Bring your ISAs together - transferring a Cash ISA l Fidelity

The kitchen coup — how cash shifted the balance of power over household chores. The inspector calls — and house prices jump. How the Ofsted effect could add thousands to the value of your house or send it sliding. George Osborne's speech in charts. Just stop tampering with pensions, Chancellor. How much should you be panicking about your finances?

Cash ISAs and Stocks and Shares ISAs | Virgin Money UK

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