Stocks and shares ISA - low risk, low maintenance option?

[FreeLitres]

I am deciding on what to do with my savings from the start of the new tax year.

I have paid my mortgage off and I currently have 2 different cash ISAs with about £10k in each. I'm looking to continue saving £1000/month from April. The Cash ISA rates are pretty dire, so I have been looking into Stocks & Shares ISAs as an alternative.

Most of the comments have been around selecting the right funds and ensuring you don't pay too much for transaction fees, etc. It all sounds a bit high maintenance!

Is there such a thing as an easy, low maintenance S&S ISA that I could put money into and leave alone for a few years? Something like a relatively low risk collection of FTSE100 companies where you don't need to make any further transaction and you could get a typical return of 5%?

If this is available, where can I arrange this?

Thanks

[FreeLitres]

DSLiverpool said:

Wait till after the election before doing anything as in reality its uncharted territory

Interesting. In what way? Are you talking about the performance of the stock market or the more general sense of how much you can deposit into an ISA?