ISA

What do we really need from the new leader of the Labour Party?

Q2 saw new lending of £507m

As the alternative investment market reaches its 20th anniversary this week, managers highlight some of the most impressive company successes - as well as the major failures on the junior market - over the past two decades.

Jupiter is handing its £60m investment trust savings and ISA businesses to Hargreaves Lansdown to administer, in a deal for an undisclosed sum.

Investors will be able to withdraw and reinvest cash held in stocks & shares ISAs without affecting their annual limits as of April 2016, the Treasury has said.

A shift from an 'EET' to a ‘TEE' tax system could save the government £10bn a year, academic Michael Johnson has said.

Chancellor George Osborne is to publish a green paper seeking feedback on a plan to make "pensions more like ISAs".

Hargreaves Lansdown has agreed to acquire £370m of assets from J.P. Morgan Asset Management for an undisclosed amount, as the latter ceases to offer certain direct investments to individual clients.

HMRC has widened the range of investments available through ISAs to include peer-to-peer lending trusts.

As much as £400bn could be held in 'dinosaur' funds, according to Hargreaves Lansdown, as investor inertia sees cash left languishing in stagnant products.