ISA overhaul ‘doomed to fail’, warns AJ Bell
22 January 2026
The Chancellor’s overhaul of ISAs is ‘doomed to fail’ in its goal of boosting retail investing in the UK, warns AJ Bell chief executive Michael Summersgill. In a letter sent to Rachel Reeves, Summersgill said cutting the cash ISA allowance from £20,000 to £12,000 for under 65s from April 2027 was a “significant backward...
