ISA

Concerns over rumoured £10k cash ISA cap and potential UK equity mandate

Royal London report finds

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

Figures likely to have ‘caught chancellor’s eye’

Retail platforms await further rule change details

Includes redress changes and wholesale Consumer Duty review

Announcement to be part of chancellor’s July Mansion House speech

'A staggering £280bn sits in accounts that pay no interest at all'

‘A significant shift’ but not unprecedented

Just 20% have maxed out their allowance