ISA reform 'under review' after absence in Budget and Mansion House

There are five different types of ISAs available on the market

Cristian Angeloni
clock • 3 min read

A reform of the ISA system is currently “under review” by the Treasury, as part of its broader examination of all UK savings policies.

Although there was no mention of ISAs in Chancellor Rachel Reeves' first Budget last month, nor in her maiden Mansion House speech last week, Labour had promised to increase retail participation in capital markets in its campaign commitments.  The only move related to ISAs, which was also confirmed in the Autumn Budget in October, was the scrapping of the Great British ISA, unveiled by former chancellor Jeremy Hunt earlier this year. Under the new Labour government, the Treasury said it would not go ahead with the GB ISA plans despite having sought industry feedback on the matter.  ...

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 Your profession

The five-minute complaint and the five-day investigation

The five-minute complaint and the five-day investigation

GSI Group CEO on complaints, AI and the latest set of FOS reforms

Mark Buck
clock 12 August 2026 • 5 min read
Andrew Goodwin: The advice gap - an embarrassment of riches?

Andrew Goodwin: The advice gap - an embarrassment of riches?

Andrew Goodwin: The advice gap - an embarrassment of riches?

Andrew Goodwin
clock 12 August 2026 • 4 min read
New Talent Alliance launches financial advice careers guide

New Talent Alliance launches financial advice careers guide

Designed to attract new entrants into the profession

Sophia Panayi
clock 11 August 2026 • 2 min read