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

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
Last chance: MPS conference to explore different approaches in shifting landscape

Last chance: MPS conference to explore different approaches in shifting landscape

Takes place in London tomorrow

Professional Adviser
clock 01 June 2026 • 1 min read
Women in Financial Advice Awards 2026: Nominations close today!

Women in Financial Advice Awards 2026: Nominations close today!

Awards to be held at Hilton Bankside in London

Professional Adviser
clock 08 May 2026 • 1 min read