Over 50s target equities with increased ISA allowances

Respondents to an online poll from Barclays Stockbrokers indicate they would contribute up to the full increased £10,200 limit, introduced today for the over 50s. While 66% plan to increase their allocation to stocks and shares - just 13% were planning to increase their cash investments Confidence in potential returns from equities was balanced against caution amid continuing uncertainty however, with one in eight saying they will invest depending on the volatility of the markets; 9% believe their decision will depend on savings rates. Barbara-Ann King, head of investments at Barcl...