How your Isa could be losing you money if you have too much cash in it. Our financial expert reveals the steps to take to boost your savings

With over 1.5 million people holding at least £100,000 in their Individual Savings Accounts (Isa), it's crucial to understand that keeping too much cash may lead to losing money due to inflation. Financial experts highlight that while cash Isas offer safety, they often don't keep pace with rising prices. To safeguard and potentially grow your savings, it's advised to consider diversifying into interest-earning investments, which can offer better returns in the long run. This shift is essential not just for financial growth but also for ensuring that your savings keep up with the cost of living.