Rachel Reeves prepares to launch Isa review

Contributing sentiments towards policy:

60% : Fidelity International is among the firms to have called for a single Isa product, within which individuals could move between cash and stocks and shares, and suggested limiting the cash portion to £4,000.
57% : Tom Selby, director of public policy at investment site AJ Bell, said the government was "absolutely right to be looking at whether the current Isa system does enough to foster a healthy investing culture in the UK".
52% : The Financial Times reported in January that City firms were urging Reeves to scale back tax breaks for cash Isas.
47% : But Carol Knight, chief executive of The Investing and Saving Alliance, a not-for-profit organisation, said "cutting the tax benefits of [the] cash Isa will not encourage people to invest more", and urged ministers to offer better support to Britons on how best to make use of their savings.
44% : Rachel Reeves is preparing to launch a review of the Isa market within weeks in a push to encourage savers to channel more money from tax-free cash into British stocks, according to people familiar with the plans.

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