How the political parties measure up - savings

clock

Labour appeared to reveal most of its plans in terms of savings in last month's Budget by agreeing to extend existing ISA limits until 2010.

It also welcomed proposals to make a further state payment into Child Trust Funds when a child reaches secondary school age. Also in his pre-Budget report, Chancellor Gordon Brown noted the Government’s consideration of matched savings was continuing with further pilots of the Savings Gateway scheme. Labour plans to extend the scheme, which matches savings pound for pound up to a limit, so that it will be piloted for 18 months in six areas experiencing what Labour calls “financial exclusion.” The pilot schemes will test a range of marching, endowment, limit and marketing methods. The Co...

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

PA Awards 2027: Submit your entries by Friday

PA Awards 2027: Submit your entries by Friday

The 22nd Professional Adviser Awards will take place in London next March

Professional Adviser
clock 16 September 2026 • 1 min read
Multi-Asset and MPS Roadshow: Last chance to join PA in Harrogate or Warrington

Multi-Asset and MPS Roadshow: Last chance to join PA in Harrogate or Warrington

Hear from Aberdeen, Aviva Investors, Clever, Downing, Fidelity, Quilter Cheviot, Rathbones

Professional Adviser
clock 08 September 2026 • 1 min read
Two including former police officer charged in connection with £720,000 investment fraud

Two including former police officer charged in connection with £720,000 investment fraud

Due to appear at Westminster Magistrates’ Court

Sophia Panayi
clock 04 June 2026 • 1 min read