Isa savers will be able to invest in areas such as foreign aid and poverty reduction under the latest...
Isa savers will be able to invest in areas such as foreign aid and poverty reduction under the latest addition to the eligible investment list. Outlined in today's pre-Budget report, Isa savers will be able to pour money into securities issued by Multilateral Development Institutions, such as those run by the World Bank. These institutions, which often receive grants from foreign governments, issue securities to front-load funding for development goals. Tisa director general Tony Vine-Lott says the UK Government approached the association eight months ago to gauge an industry response to ...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- 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
