Digital Look

There are no up-front charges, but always check the savings rates available to ensure they are competitive. And find out if any attractive interest rates you may be offered are guaranteed for a decent length of time.

Stocks and shares ISAs

If you are buying a unit trust as part of an ISA you can expect around 4 to 6% of contributions are taken in charges and there is an ongoing management fee of 1 to 2% a year.

There are also charges for investment trusts, although these do tend to be lower.

Insurance ISAs

With an Insurance ISA you receive a tax-free bonus every year. Out of this bonus charges of up to 2-3% are normally deducted.