ISA explained?

Associate
Joined
7 Mar 2007
Posts
68
Can someone explain to me exactly what an ISA is? As far as I can see its some kind of high rate interest investment (that is tax free?) but all the info on the net is a little hazy.

Who are the best when it comes to setting up an ISA.

What sort issues are there with ISA's?

Can I have an easy explanation of what sort of return is to be expected from an investment of < £5000?

Cheers.
Tom.
 
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