Cash ISAs allow you to invest £5,340 (2010/11) each year into a savings account which earns you interest free of tax.

Stocks and Shares ISAs are different from Cash ISAs. A Stocks and Shares ISA lets you put money into a range of investments, such as Unit Trusts, Open-Ended Investment Companies and Investment Trusts, as well as Government and Corporate Bonds. This means your investment can go down as well as up.

You can invest up to £10,680 in the current tax year in a Stocks and Shares ISA.

Our role is to help you decide which ISA (or ISAs) would be most appropriate for you and with regard to Stocks and Shares ISAs, help you understand the investment process.

You cannot subscribe to more than one Cash ISA or Stocks and Shares ISA in the same tax year.

Stocks and Shares ISAs should be viewed as a medium (at least 5 years) to long term (over 10 years) investment.

The value of the investment can go down as well as up and you may not get back as much as you put in.