#financial-products

#financial-products

The benefits of using a cash ISA are clear: no tax payable on the interest earned, regardless of amounts, and you can put in up to 20,000 a year for now. That will change from April 2027, capped at 12,000 (the rest can go into other ISA types), but if you'd even been putting in 150 - nowhere near enough to max your allowance - you'd still have been able to save up more than 21,000 after a decade, assuming an average 3 per cent interest rate.

In Germany, Sparkonten are popular financial products that provide a secure way to earn interest without exposing savings to stock market volatility.

"Sberbank’s Bitcoin-linked bond offers returns based on BTC performance and dollar-ruble exchange rates, marking a significant step for regulated Bitcoin investment in Russia."