ISAs Explained: How to Make Your Money Work Harder

With new ISA changes announced in the Autumn Budget and updates to cash ISA limits on the horizon, now is the perfect time to get clear on how these powerful, tax-efficient savings and investment tools can help you build long-term financial confidence.

In this episode of A Little Bit Richer, our host Iona Bain is joined by Paula Hughes from L&G to demystify the world of ISAs and help you understand how they can work for you at every stage of life.

Together, they explore the different types of ISAs available and how to choose the best one for you. They also discuss the “use it or lose it” rule and what the upcoming changes could mean for savers and investors.

So whether you’re saving for your first home, building long-term wealth, or simply trying to protect your money from inflation, this episode will help you decide how to make your ISA allowance work harder for you. Because when it comes to tax-efficient growth, the earlier you start, the bigger that snowball can get for a future that’s a little bit richer.

You don’t pay tax on the interest, income or capital gains you make inside an ISA.

You can watch episodes on L&G’s YouTube channel

And see behind the scenes content on TikTok and Instagram

You can play the podcast and find other useful content on L&G’s website:

https://www.legalandgeneral.com/podcasts/a-little-bit-richer

Iona and her guests share their own personal thoughts and opinions in this podcast. These might be different from L&G’s take on things. They give financial guidance for a UK audience that’s relevant at the time of recording. It’s general best practice, not the kind of personalised advice you’d get from a financial adviser.

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