Advice industry split on whether a simplified ISA system is needed

In our latest PA Asks, we asked what the industry thinks a simplified ISA system should look like. Multiple pundits believe that there should be less ISA variations. "Less variations. Once allowance, remove esoteric/specialist definitions," one opined. One respondent suggested that there be two ISAs, with one limit each. Another said that there should only be cash ISAs and stocks and shares ISAs. Another said a total limit contribution split however clients wish to allocate and a merger of the Junior ISA, Help to Buy, and Lifetime ISA into a consolidated holding with aligned rul...