2006 promises to be a good year for Isa product providers. New rules allowing tax breaks for property mean greater potential for greater portfolio diversification
The Inland Revenue delivered early on its New Year's resolutions this year. The introduction of the new Isa rules in time for this year's Isa season was a pleasant surprise for advisers and product providers alike. With Non-Ucits Retail Schemes (Nurs) and particularly commercial property now qualifying for tax advantages, the new rules widen the potential for diversification for the retail investor. How significant are these rule changes? And, after several lacklustre years, what impact are they likely to have on this year's Isa season? As yet, it is the inclusion of property that is makin...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- 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
