ISAs

'Cash alone does not generate real wealth'

Triggered almost £119m in withdrawal charges

Caring responsibilities often mean women have less left to put aside

'These measures fail to recognise that cash is used intentionally by savers as a strategic asset'

Government plans put ISA simplicity under threat

HMRC ISA proposals

Set to replace LISA

Part of cash ISA reforms published today

According to The Telegraph

Only 7% believe firms said the changes will encourage savers to become investors