Advisers expecting Cash ISA limits to come into effect by end of year

Wealth tax changes drive client demand for cash, research finds

Isabel Baxter
clock • 2 min read

When asked about their expectations regarding the future of Cash ISAs, two thirds (66%) of financial advisers expect limits on Cash ISAs to come into effect by the end of the year, Flagstone has found.

The government previously confirmed that it is investigating ISA reform options as it looks to tackle what has been described as Cash ISA "hoarding". Economic secretary Emma Reynolds reaffirmed in April that the government is looking at ISA changes ahead of the Autumn Budget. Flagstone's latest poll of UK financial advisers for that 86% of financial advisers are offering as much or more advice on cash management now versus last Autumn. It also found that three in ten (30%) of them said client demand for cash management advice has become higher and a third (31%) reported that more clie...

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Isabel Baxter
Author spotlight

Isabel Baxter

News editor at Professional Adviser

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