Guide to ISAs, PEPs and TESSAs

Everyone who can afford to should try to save at least a little. The Government has designed ISAs to provide several ways for you to save - without paying tax on what you earn from your investment, and you can put money in and take it out whenever you want to.

For example, you could start with a few pounds in a simple cash ISA, for 'rainy day' savings that you need to get at quickly.

Or you might consider investing in a stocks and shares ISA, for longer-term saving.

You could also choose a life insurance ISA for longer-term saving, with some built-in cover in the case of your death.

This guide will give you the information you need to help make your savings decisions.

This guide also gives information on TESSAs and PEPs for savers who already have these.