Keep track of your ISA's progress

Many people are quick to take advantage of the tax breaks offered by Individual Savings Accounts (ISAs). However, it’s a mistake to assume that you can just squirrel away your money and then forget about it. Although many ISA investors aim to put away their money for the long term, it’s still important to ensure that your chosen investments are working well and that they remain suitable for your needs and your appetite for risk. Remember, therefore, to keep abreast of your ISA's performance, as well as the level of fees that you are paying.