Best Stocks and Shares ISA in 2024
Stocks and shares ISAs offer the prospect of inflation-beating tax-free returns over the long term. But they are more risky than cash ISAs, and the value of investments can go up as well as down.
The Best Stocks and Shares ISA will depend on your investing style and the amount of money you have to invest. You should also consider whether you want to choose your own investments or favour a ready-made solution. The charges you pay should also be taken into account. For example, share-trading costs will be more important for those who are likely to trade frequently whereas fund platform charges are more relevant to those who don’t.
Best Stocks and Shares ISA: Where to Invest for Tax-Free Returns
We rated the leading providers of stocks and shares ISAs in 2024 based on our research, including customer satisfaction surveys. AJ Bell won our 2024 Best Stocks and Shares ISA award for its low-cost online investing platform for the UK DIY investor which is designed for those who invest in funds rather than individual shares. The service is simple to use and enables you to access thousands of funds, ETFs and bonds. It also offers a good selection of ready-made portfolios to suit different investors (cautious, balanced or adventurous) which you can invest in commission-free with its own ii portfolios service.
You can open a stocks and shares ISA from 6 April to 5 April the following year, but the amount you put in each tax year depends on your individual circumstances. You can find more information about the benefits and drawbacks of a stocks and shares ISA in our article ‘How do you pick a stocks and shares ISA?’…