N@N

CMC Invest launches a flexible Isa - here's how it compares to rivals as it becomes the latest platform to offer tax-free account

CMC Invest has introduced a new flexible Individual Savings Account (ISA) in the UK, allowing investors to manage their tax-free investments with greater ease. This new offering enables users to withdraw and replace funds within the same tax year without affecting their annual ISA allowance, a feature that sets it apart from many competitors. The platform charges a flat fee of £45 annually for its stocks and shares ISA, which is competitive when compared to rivals like Hargreaves Lansdown, which charges 0.45% with a maximum of £45, and Interactive Investor, which has a £12.99 monthly fee for its Investor plan. CMC Invest's ISA also provides access to a wide range of investments including shares, funds, and investment trusts, with no trading fees for funds and a £6 fee for buying or selling shares. This launch makes CMC Invest a notable contender in the UK's investment platform market, particularly appealing to those looking for flexibility and cost-effective investment options.

Read the Full MSN Article at:
[ https://www.msn.com/en-gb/money/other/cmc-invest-launches-a-flexible-isa-here-s-how-it-compares-to-rivals-as-it-becomes-the-latest-platform-to-offer-tax-free-account/ar-AA1viPjH ]