ISA savers require continued tax breaks - survey

On the basis of about 750 responses from investors previously invested in ISAs, the survey suggests nearly a third, 30%, feel they will be “less inclined” to save because of the loss of tax breaks. However, the figure rises to 40% among those in the 45-to-54 age group, and 45% in the 55-to-59 age group, ISIS says. Some 51% state the reduction in the ISA limit to £5,000 from £7,000 in the next fiscal year “will not make any difference” to their view. Just 4% state they are more likely to invest in future. ISIS says the results offer further evidence of the strong need for the gov...