ISA? That's an Australian boy band, right?

Hannah Ricci

Spot the odd one out: NKOTB, ISA, JLS. If you know the answer it could have more to do with your music than financial knowledge, as a surprising 5% of Brits think an ISA is a new Australian boy band.

The shocking result of a study by Confused.com reveals how little we know about these tax efficient savings accounts, and that we could be handing over needless tax as a result.