“The interest rates on ISAs are so low that leaving money in one today will just mean watching inflation whittle it away.
“The rise in inflation should make savers reconsider where they are putting their money. People with money sitting in cash ISAs should be assessing their options with returns getting worse and worse.
“Investing in funds gives people a better opportunity to beat inflation. Typically, returns from equities outperform cash over the medium and long-term.”
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