Refining the process: Five ways to improve the British ISA

Crucial to address certain aspects of the government's proposal

clock • 4 min read

The British ISA’s success hinges on its ability to serve the needs of a diverse investor base, writes Rachael Griffin

Labour has confirmed it plans to go ahead with plans for a British ISA, should it come to power but it has an opportunity to drastically improve it. While the British ISA aims to bolster investment in UK equities, there's a risk it could be perceived as a hasty policy move, adding layers of complexity to an already intricate ISA system. Moreover, the introduction of the British ISA risks continuing the trend of government-devised, overly complex investment products, following the Lifetime ISA, potentially tarnishing the ISA brand's success. To navigate these challenges and ensure the ...

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