The Isa

pre-budget: the main points

• Annual Isa allowance to fall to £5,000 from 6 April 2006. Prior to that it remains at £7,000...

• Annual Isa allowance to fall to £5,000 from 6 April 2006. Prior to that it remains at £7,000. • Insurance Isa to become part of stocks and shares Isa from April 2005. The maximum investment will be £7,000. Separate insurance Isa will no longer exist. • All Sandler stakeholder products, including unit-linked, smoothed stakeholder and unit-linked insurance, to become part of stocks and shares Isa when they come into effect in April 2005. • Products providing cash-like returns (that is, products where capital is at least 95% protected on a five-year view) will not be eligible for st...