For the tax year 2008/2009 there are no longer two types of ISA, the mini and the maxi. From April 6th 2008 ISA’s will come in a single flavour with new allowances. You will be able to invest in a cash ISA will allow and increased deposit from £3,000 per year to £3,600. This allows you to then Invest upto £3,600 in a Shares ISA (£7,200 in total)

However, you don’t have to invest like that, the above figures are maximums so you could invest £1000 in the cash part and £6,200 in a stocks and shares ISA with a different provider.

So what about PEP’s? Well all PEP’s will be converted to stocks and shares ISA’s automatically.

Early in April I will post with my new ISA plans for 2008 as I have a few ideas up my sleeve

How are you finding the return on your stocks and share ISA’s?