Hargreaves proposes ISA rule changes ahead of Budget

For example, the introduction of a long-term care element to ISA would serve to help investors prepare for the possibility of prolonged nursing care requirements. Hargreaves suggested this allowance could then be passed onto beneficiaries free of inheritance tax, if not required. Hargreaves Lansdown head of financial planning Danny Cox (pictured) said: "A long term care ISA would encourage people to set aside money for nursing care in the knowledge that if they did not require care their savings would not be lost. "This could also be funded by a separate additional ISA contribution...