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UK public don&#39t understand Isas

An overwhelming majority of people in the UK do not know what an Isa is or what the initials stand for, according to research by Self Trade UK.

The survey by the online share trader showed 83 per cent of survey respondents did not know what an Isa was, with some suggesting Investment Savings Annuity, Ideological State Apparatus and Independent Savings Advisor.

Self Trade UK founder Haakon Overli says: “What surprised us most is that people aren&#39t taking advantage of Isas.”

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