QCA calls for flexibility on Isa allowances

Professional Adviser
clock

Smaller quoted companies dissatisfied with the current individual savings account allowances are ...

Smaller quoted companies dissatisfied with the current individual savings account allowances are calling on the Government to bring in greater flexibility for tax-free savings. The Quoted Companies Alliance (QCA), the organisation representing stocks listed on the London Stock Exchange but outside the FTSE 350, is calling for the introduction of what it terms the 'LISA'. The Long-term individual shareholder account would work by allowing individuals to invest as much as £70,000 over a 10-year period, and if they so wish more than the current Isa maximum of £7,000 a year without the ta...

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 uncategorised

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •

Police launch investigation into mortgage middleman fined £1m

West Midlands Police have launched a fraud investigation into a Birmingham financier over his role in sale and rent back agreements.

clock 25 June 2013 •