ISA

Michael Summersgill wrote to the Treasury over Budget shake-up

Rise in maxed out allowances as Budget looms

Almost five years since Help to Buy ISAs were closed to new applicants

Some savers charged more than £11,000 over LISA withdrawals

‘Addresses growing adviser and client demand for cash options’

Majority have not seen any change in behaviour among their clients

Changes could pave the way for increased investing

The merger would be the first step in achieving a single ‘One ISA' regime

Time pressure to implement pension and ISA reforms may impact consumer outcomes, writes Mark Rendle

Current ISA savers most likely to take advantage of the new product