Hargreaves Lansdown Cash ISA with multiple spread options launches

Platform aiming to make it easier to subscribe to multiple ISA products

Hope Coumbe
clock • 1 min read

Hargreaves Lansdown is launching what it terms the UK’s only Cash ISA platform that allows clients to spread access across multiple products and banks.

The Active Savings Cash ISA has launched today (30 January) across all UK banks and building societies on its panel and has access to Cash ISAs from other banks with annual equivalent rate interest as high as 4.63%. In line with new rules announced in last year's Autumn Statement, Hargreaves Lansdown said its platform will look to improve the process for client's subscribing to multiple ISA products in the new tax year. "This reduces the complexities for clients," said head of active savings Mark Hicks. "Taking advantage of Cash ISAs is becoming increasingly important for clients as...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

FOS pushes ahead with CMCs complaint fee proposals

FOS pushes ahead with CMCs complaint fee proposals

Ombudsman writes to the Financial Conduct Authority

Isabel Baxter
clock 21 November 2024 • 2 min read
More than a third of advisers have not mentioned Consumer Duty to clients

More than a third of advisers have not mentioned Consumer Duty to clients

Only about a quarter of advisers have mentioned the regulation to clients

Sahar Nazir
clock 20 November 2024 • 2 min read
ISA reform 'under review' after absence in Budget and Mansion House

ISA reform 'under review' after absence in Budget and Mansion House

There are five different types of ISAs available on the market

Cristian Angeloni
clock 20 November 2024 • 3 min read