Autif calls for Isa rise

association wants limit to be changed to £7,200 so payments can be split into equal amounts

Autif is calling for the limit on Isas to be raised so that savings can be made on a monthly basis more easily. The association is calling for the limit to be changed to £7,200 so payments can be split into equal monthly portions. It said making the change would cut costs for the industry as well as making Isas easier to invest in and more attractive to the public. Autif's pre-budget proposal also renews its call for the abolition of stamp duty on fund of fund structures. It said the current system, which results in funds being subjected to three levels of Stamp Duty Reserve Tax (SDR...