Why the last thing financial services needs is 'yet another ISA'

Why adding another ISA to the mix is a bad idea

clock • 3 min read

Laura Suter shares her views on the ISA landscape ahead of the Autumn Statement on 22 November

The Autumn Statement is looming and I'm not ashamed to admit that I'm the kind of geek who thoroughly enjoys covering these economic updates. Whether it's waiting for the inevitable rabbit out of the hat, digging through the documents for an unearthed gem, or just the excuse to consume my body weight in sugar all in the name of fuelling our rapid analysis of what's happening. And the best way to try to work out how hectic the day will be is through the many and plentiful leaks ahead of the announcements. The papers the weekend before the statement have in recent history covered almost...

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 ISAs

'Buy, baby, buy': Simple steps to improve the Lifetime ISA

'Buy, baby, buy': Simple steps to improve the Lifetime ISA

Why we need to help people become homeowners

Rachel Vahey
clock 22 April 2025 • 3 min read
Most IFAs agree raising the annual ISA allowance would encourage investment

Most IFAs agree raising the annual ISA allowance would encourage investment

Comes as Reeves mulls Cash ISA allowance cut

Isabel Baxter
clock 03 April 2025 • 2 min read
Spring Statement 25: Govt looking at options to tackle Cash ISA 'hoarding' concerns

Spring Statement 25: Govt looking at options to tackle Cash ISA 'hoarding' concerns

Any reforms 'must be handled with care'

Jenna Brown
clock 26 March 2025 • 6 min read