IFAs urged to shift ISA cash into market

Jamie Farquhar, London & Capital’s UK retail head, says advisers should be actively seeking to shift out of cash following the changes to ISA rules earlier this month. He says this is the ideal time for cautious investors to consider conservative funds which can potentially generate higher returns than cash. “As interest rates continue to fall investors will see lower returns from cash than they can potentially achieve in a conservative portfolio, whilst retaining a low level of volatility and risk,” Farquhar says. London & Capital believes its portfolio management service will take adv...