How to make Isas even nicer

hl.co.uk:

We don’t support this browser anymore.
This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

Newsroom

Newsroom articles are published by leading news agencies. Hargreaves Lansdown is not responsible for an article's content and its accuracy. We may not share the views of the author.

HL Podcast

HL Insight

Chancellor Jeremy Hunt wants to broaden the appeal of individual savings accounts (Isas) and inspire more people to invest in the stock market.

Article originally published by The Financial Times. Hargreaves Lansdown is not responsible for its content or accuracy and may not share the author's views. News and research are not personal recommendations to deal. All investments can fall in value so you could get back less than you invest.

Published by

29 Sep 2023

Ahead of the Autumn Statement on November 22, the big question is: how might he do this?

These valuable tax-free vehicles have made millions of investors richer since their launch in 1999. But the Financial Times recently reported that Hunt is considering a shake-up of savings and investment accounts to remove barriers to investing, simplify “a complex landscape” of products and potentially offer further incentives for investing in UK-listed equities.

The Treasury is in discussions with finance industry groups about how to do this, saying it was “receptive to ideas of how we can make Isas more attractive to encourage people to develop a savings habit”.

But with limited headroom for tax cuts, finding crowd-pleasing measures that don’t cost the earth will be hard. Industry commentators are not short of suggestions, and neither are FT readers, judging by more than 800 comments on our online story.