Feb 2 2007
With the deadline for using this year's individual savings account (Isa) allowance looming in April, it has been claimed that investors are considering putting their money into an environmentally conscious "green" account.
Recently published research from Co-operative Financial Services (CFS) reveals that 67 per cent of Britons planning on investing their Isa allowance between now and the April 6th deadline are considering environmentally beneficial schemes.
Zack Hocking, head of savings and investments at CFS, said: "With a green Isa, investors can get attractive returns without paying tax on what they earn and help to support a more sustainable future for the environment."
He added that he recommended those that have not use their allowance to consider investing in an Isa as soon as possible.
Earlier this week, Scottish Widows noted that, having been involved in the consultation process with the government regarding the implementation of Isa reforms, the company was pleased with its decision to bring forward the date of implementation to April 6th 2008.
