Comparing UK IFISAs With Stocks and Shares ISAs
The UK retirement account known as the ISA has far more restrictions than the popular IRA account in the US. Outside of “investing” in cash investors have two choices: the Innovative Finance ISA and the Stocks and Shares ISA. While the IFISA is still the new kid on the block it is getting some traction with investors. There are a number of different sub-classes within the IFISA that provide options for investors. Source.