By Jane Wallace Changes to the Isa limit for next year are causing problems for providers of back-to...
By Jane Wallace Changes to the Isa limit for next year are causing problems for providers of back-to-back Isas originally sold on a £12,000 limit. The Government announcement that this tax year's Isa limit of £7,000 will be kept for a further year, has left providers contemplating how to adjust systems to cope with last-minute sales as well as top-ups to existing plans. Aberdeen, which is offering a back-to-back Isa for this tax year and next, said it is having to send out correction notes to intermediaries explaining that the £12,000 limit mentioned in its literature has now been increa...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes