Tories would up green ISA limits first - Osborne

clock

Investors in green ISAs would be the first to benefit from further rises in the tax-free savings limit under a Tory Government, says shadow chancellor George Osborne.

A future Conservative Government would commit "to introducing Green ISAs and make them a priority for any increases in ISA tax-free saving limits", he told the assembly at Imperial College London today. Underpinning his plans to enable everyone to be "an investor in our low carbon future" is a Tory-backed report from an independent group led by Emma Howard Boyd of Jupiter Asset Management. The report out today says: "The working assumption is any future tax-free savings limit increase would be exclusively for Green/Low Carbon ISAs." To qualify for green ISA status, assets would nee...

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 ISAs

Half of UK adults would consider opening a Great British ISA

Half of UK adults would consider opening a Great British ISA

Current ISA savers most likely to take advantage of the new product

Isabel Baxter
clock 15 March 2024 • 2 min read
Advisers positive that Great British ISA will boost savings

Advisers positive that Great British ISA will boost savings

Almost two thirds say they think it will lead to an increase

Isabel Baxter
clock 11 March 2024 • 1 min read
Government ISA reforms will not encourage saving, industry says

Government ISA reforms will not encourage saving, industry says

‘Most of the general public do not care about ISA saving’

Isabel Baxter
clock 12 February 2024 • 2 min read