AIM shares in ISAs: The impact of the rule change one year on

AIM shares in ISAs: The impact of the rule change one year on

Laura Miller
clock • 4 min read

It's a year since the implementation of rule changes allowing shares on the Alternative Investment Market (AIM) to be held in ISAs. Laura Miller asks advisers what the move has meant for clients

When the government announced last July that it would make it easier for people to invest directly into small businesses, by allowing AIM shares to be held in stocks and shares ISAs, it said the move would improve consumer choice. But it didn't provide any evidence of a particular demand from investors for the change. One year on, advisers have seen more of a trickle, rather than a stampede, of clients taking advantage of the new freedoms. "There is appetite if it is brought to clients' attention. Most clients are not coming to us asking for it but some are, mainly those who dabble in...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Tax Planning

Evelyn Partners CEO Geddes warns of 'stifling' CGT change impact

Evelyn Partners CEO Geddes warns of 'stifling' CGT change impact

Paul Geddes urges for caution on tax changes

Jen Frost
clock 18 October 2024 • 2 min read
Demand for IHT mitigation increases as more fall into threshold

Demand for IHT mitigation increases as more fall into threshold

‘Asset prices and nil rate band freezes are creating a perfect storm’

Isabel Baxter
clock 03 April 2024 • 1 min read
Upcoming CGT changes prompting UK investors to create wealth plans

Upcoming CGT changes prompting UK investors to create wealth plans

More than half want to secure their current and future investment gains

Isabel Baxter
clock 02 April 2024 • 2 min read