UK Money News
6th February 2008
'Act now to secure best buy Isas'
Savers must act now to avoid missing out on the best buy individual savings accounts (Isas), according to Michelle Slade of Moneyfacts.co.uk.
According to Ms Slade, providers of Isas have reacted to increasing competition for market share by launching their best buy products earlier than usual.
This was born out by the fact that Scarborough BS and Icesave have both launched their products during the last few weeks, she said.
However, according to Ms Slade, with demand set to be high for the premium products, savers mulling taking out an Isa must move fast to ensure that the best buy offers are still available.
She predicted: "If previous years are anything to go by we will see a glut of new Isa deals being launched in the next few weeks, but be warned; many of them will only be around for a couple of months before being pulled from the shelves."
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