If you have the money available, investing a lump sum in an Isa is a valuable way to work towards a long-term financial objective, while sheltering your returns from tax.
You don’t have to invest the full £20,000 — fund managers will typically accept lump sums of as little as £500.
Where, though, should you put your money? The answer depends on your attitude to risk, your financial planning needs and the investments you own, but to help you make your decision, we asked several independent financial advisers to recommend their favourite Isa funds.
Adrian Lowcock of Architas, the fund platform, says that taking a more cautious approach to your Isa doesn’t have to mean giving up on the stock market.
“For example, UK…
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