Ed doesn't always talk balls

He announced that the Government plans to make Isas a permanent feature of the savings landscape and simplify their structure, via four key proposals: Isas will continue to be available well beyond the original commitment of 2010 with an annual allowance of at least £7,000. The mini/maxi distinction within Isas will be removed. Pep schemes will become part of the Isa wrapper. Child Trust Funds (CTFs) will roll-over into an Isa when a child reaches 18. Of course, all this really means is that we’re more or less back to life before Isas were introduced, i.e., Peps, albeit wi...