At this time of year, many of us are reviewing what savings we have, where we hold them and whether we can improve on the rate of return.
We are encouraged to make use of our annual ISA allowance - and quite rightly so too, even in these times of dismal returns. One piece of advice I would add - which should not, in my view, be at all necessary - is to check your ISA statement.
I have a cash ISA with that was credited with interst earlier this month. My wife holds an identical product and her statement says income tax has been deducted.
This error was found almost accidentally because the balance of each account should have been the same. I will be interested to hear if anyone else has come across such imcompetent management.