There has been increasing interest in a social action ISA. A variety of interested parties would like to take ethical investment a step further by using money to fund social action community projects. This is something that has been mooted for some time. There is suggestion that the ISA allowance could be increased with the increase being used to fund such projects. How this works in practice is yet to be thrashed out, but you may be interested in this short 2 minute piece from the BBC.
Dominic Thomas
Solomons IFA
You can read more articles about Pensions, Wealth Management, Retirement, Investments, Financial Planning and Estate Planning on my blog which gets updated every week. If you would like to talk to me about your personal wealth planning and how we can make you stay wealthier for longer then please get in touch by calling 08000 736 273 or email info@solomonsifa.co.uk