Tories propose flexible Isas

conservative government would increase annual limit to £9,000 in a bid to boost saving

The annual Isa allowance could grow to £9,000 and limits become more flexible under a Conservative government. The Opposition party has proposed a variety of measures to address the falling savings ratio, including a Lifetime Savings Account (Lisa), where the Government would match an individual's contribution. The party consultation has criticised Labour's introduction of Isas in 1999. It claimed the removal of established savings mechanisms such as Peps and Tessas undermined the stability on which long-term financial planning depends. The Conservatives suggest increasing the annual lim...