T. BAILEY is calling for the Chancellor of the Exchequer to lift the ISA limits to at least £9,300.
The Nottingham-based multi-manager boutique is spearheading a campaign it hopes will receive widespread industry support for a fairer tax-exempt ISA allowance for investors. Jason Britton, joint head of multi-manager at T.Bailey said: “Since the Treasury’s recent announcement that it was making ISAs a permanent feature of the savings landscape many fund groups have called for the ISA limit to be raised to reflect inflation. These fund groups though are selling investors short. “The price of gas, groceries or any other component of the retail basket on which inflation figures are base...
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