PA Techie: Using all tools available to build a retirement income

Individual Savings Accounts (ISAs) have long been a popular savings vehicle for those looking to put aside some money in a tax-efficient manner. It is not surprising that HMRC limits the amount that can be paid into an ISA each year, given they offer a number of key advantages, including the ability to provide a tax-free income. The ISA investment allowance for the 2013-14 tax year has been raised to £11,520: up to £5,760 of this can be saved in a cash ISA and the remainder can be invested in a stocks and shares ISA, with either the same or a different provider. However, this begs the...