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Ethical ISAs

ISAs offer investors and savers the opportunity to invest up to £7,200 a year without paying tax. And for those that want to save ethically there are numerous investment funds that choose solely to invest in companies that are socially, ethically and environmentally responsible.

Once you’ve decided that you want to invest your money ethically your next consideration should be how to do so profitably and an ethical ISA is a great way of doing so. There are now several providers of ethical ISAs ranging from specialist ethical investors to well established insurance companies including Legal and General and AXA and investment fund managers such as Jupiter and Aberdeen Investors.

There are a number of factors to consider before choosing the best ethical ISA for you. Firstly, the terms and conditions of any investment product should always be paramount in your choice. Secondly, any ethical ISA or investor will disclose how they define what an ethical investment is so you can find one that suits your ethical views. Finally, it is necessary to examine and compare the ISAs performance and the level of risk attached. It can be difficult to know where to start looking for an ethical ISA and choose which is right for you. myfinances.co.uk makes comparing ethical ISAs easy and can put you in contact with an independent advisor best placed to help you decide. Fill in one simple form for an ethical ISA quote.

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