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Some analysts have said the government should go further in encouraging people to save, for example by making pensions more flexible so workers can take some cash out if they need to or by increasing Isa allowances.
Some analysts have said the Government should go further in encouraging people to save, for example by making pensions more flexible so that workers can take some cash out if they need to or by increasing Isa allowances.
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Savings rates at all-time low – so where can you stash your increased Isa cash?
However, rather than increase Isa rates to attract customers, banks and building societies have made them less attractive than non-Isa equivalents.
The Chinese megacities expand outward from the urban core to the periphery in a concentric ring structure, whereas the American megacities increase ISA mainly within the inner cities with patch-filling patterns.
Andrew Symington Managing director, Symington Elvery Am I the only one to notice that the fiscal measures supposedly aimed at "Jams" (Easing austerity: Options for Hammond, 21 November) – air passenger duty cut, freeze on fuel duty, increased personal tax allowance, increased Isa limits – in fact benefit the better off as much if not more?
What about increasing the Isa limit?
The chancellor bowed to pressure from some newspaper campaigns against the assault on older savers, caused by falling interest rates, by increasing the Isa limit for those over 50 from October.
Savers increased their Isa contributions by £20bn in 2015, but a law has had to be passed to make people save into a pension.
That suggests the measure to increase the Isa limit to £15,000 from July – along with the increase in the amount you can put into Premium Bonds – is aimed squarely at the well-heeled, who currently find the £11,520 limit unsatisfactory.
Some analysts have said the government should go further in encouraging people to save, for example by making pensions more flexible so that workers can take some cash out if they need to – or by increasing tax-free Isa allowances.
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