Editor's view: Hands off cash ISAs (unless you fix the LISA first)

The editor's Friday Night Takeaway from 14 February

Jen Frost
clock • 5 min read

Plenty of speculation has abounded on ISAs in recent weeks, not least on LISAs and cash ISAs.

We know that the LISA could be in for a revamp, with the Treasury Committee looking at whether it remains fit for purpose. The government is also expected to look at cash ISA changes on its drive to build a British "investment culture". The government would be right to move forwards with LISA changes, not least fiddling with the allowed house price limits for first-time homebuyers or at least revising it so that limit-breachers don't pay back extra. Currently, first time buyers can use put their LISA savings towards a house of up to £450,000. Breach that, and they owe the government b...

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 ISAs

Most cash ISA holders 'could be persuaded' to switch to stocks and shares

Most cash ISA holders 'could be persuaded' to switch to stocks and shares

Royal London report finds

Sahar Nazir
clock 09 October 2025 • 2 min read
Cultural shift: Preparing for ISA simplification

Cultural shift: Preparing for ISA simplification

'Trying to pre-empt changes in tax policy based on rumours is a dangerous game'

Toby Larkman
clock 23 September 2025 • 4 min read
Savers poured £103bn into cash ISAs in 2023/24

Savers poured £103bn into cash ISAs in 2023/24

Figures likely to have ‘caught chancellor’s eye’

Jenna Brown
clock 18 September 2025 • 3 min read