ISAS RECOMMENDED BY INDEPENDENT ADVISERS

To help make your equity ISA choice, we asked for the choices of Graham Bates, of Bates Investments; Jason Hollands, of Best Investments; Stephen Lansdown, of Hargreaves Lansdown; Roddy Kohn, of Kohn Cougar; and Kim North, of Pretty Financial.

Corporate bonds - either of M&G's funds; CGU if you want a monthly income; and Aberdeen Fixed Interest.

CAT marked, mainly tracker, funds - Legal & General; HSBC; Norwich Union. Go for low cost FT-SE All share trackers but avoid those mirroring the FT-SE 100.

Cautious investors - UK and European funds from Jupiter, Fidelity, Newton, BWD Rensburg, Perpetual, Henderson, Save and Prosper, Gartmore.

Average Risk - international funds from big managers such as Perpetual, Save & Prosper, Schroders, where performance is beginning to improve, and Dresdner RCM.

High Risk - emerging markets, Far East, Japan, US, smaller company and thematic funds that follow global trends. Groups to consider include funds from Flemings, Schroders, Framlington, River & Mercantile, Baillie Gifford and Templeton.