ISA

Peer-to-peer savers will be able to get their 'interest' tax-free from April 2016 using a new innovative finance ISA (IFI).

What would you tweak about the UK? Your first instinct may be 'a flat rate of income tax', 'independence for Cornwall', or 'free university education for all'. Yet I'm not talking about big contentious change – this is about quick fixes for life glitches.

From today a host of changes take force, which could see the tax you pay and the savings you make alter. Other changes will see new pension freedoms taking effect, as well as the ability to transfer Child Trust Fund savings into a Junior ISA.

With the end of the tax year ISA deadline fast approaching, many providers have upped their cash ISA rates for savers who also have a current account with them. But does loyalty really pay? MoneySavingExpert.com investigates.