The Big Question

ISA limits have been raised to £10,200 with the over 50s able to benefit from the change this tax year. What impact do you feel this will have on how people are saving for retirement and do you think the government has gone far enough? Peter Carter is head of product marketing at MetLife UK Anything which provides an incentive to save is to be welcomed and the extension of the tax-free ISA limits for the over-50s to £10,200 is a step forward. From April 6th 2010, tax-free limits increase for all savers. Individuals will be able to invest up to £10,200 with a maximum of £5,100 in a ca...