ISA - Stands for Individual Savings Accounts which the Government introduced on 6th April 1999. ISAs replaced PEPs and TESSAs - no further investments are allowed into the latter, though you can retain existing investments within them tax-free. ISAs offer similar tax-free benefits to PEPs but you can hold a wider range of investments.
ISA : stands for individual savings accounts which the government introduced on 6th april 1999. isas replaced peps and tessas - no further investments are allowed into the latter, though you can retain existing investments within them tax-free. isas offer similar tax-free benefits to peps but you can hold a wider range of investments.