Banks should be forced to warn people when their savings go above the amount that would be protected if their provider went bust, a survey of MPs and consumers has found.
The new tax year began on Saturday, but savers who want to put their money into a new Isa should do it quickly, as some of the best buys have already been pulled.
Around 15,000 savers with the UK arm of stricken Cypriot bank Laiki will have their deposits protected under British rules and will escape the Cyprus banking levy, it was announced today.
Coventry Building Society is closing its best buy cash Isa, so act now if you want to take advantage of the account, which currently pays 2.8% AER, with a 0.6% bonus for a year.