Individual Savings Accounts were introduced in the late 1990s and replaced PEPs (Personal Equity Plans) and TESSAs (Tax-Exempt Special Savings Account).
Since then, they have become by far the most popular way of savings and investing, but have also expanded in number; there are now seven different types of ISA.
You would be forgiven if this bewildering array of ISAs leaves you confused. So we thought a quick, at a glance guide, to the seven different types of ISA would be useful.
#1: The original ISA
This option allows anyone over the age ...