Michael Summersgill, chief executive of the platform, argued the GB ISA was «not the right solution» to boost investment in the UK economy or revive the health of the London stock market, suggesting the «extra complexity» would only further damage an ISA system that has «already become too complicated». GB ISA panel: Success for UK equities will be in the details «Our research shows complexity deters would-be retail investors from engaging with investing altogether, meaning that over the long term there is a high risk a UK ISA would actually be counterproductive,» he wrote. «We bel...
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