TISA Budget 2014 Response – ISAs
Responding to the Budget announcement that a ‘New ISA’ is to be developed, Carol Knight, TISA operations director said:
“This is excellent news for savers. ISAs are extremely popular and trusted by the consumer and we are delighted that greater flexibility and simplicity is to be introduced. The ability to transfer from a Stocks & Shares ISA to a Cash ISA is particularly welcome and is something that we have long argued for. The added increase in the annual subscription limits for both Adult and Junior ISAs also reinforces the message that we all need to save more for our future financial wellbeing.”
For further information, please contact:
Carol Knight, TISA operations director – Mobile: 0780 12345 98
Email: carol.knight@tisa.uk.com
Issued on behalf of TISA by Newgate Communications, contact Alistair Kellie – Tel: 020 7680 6558 or
Email: alistair.kellie@newgatecomms.com
Notes for EditorsTISATISA is a not-for-profit membership association operating within the financial services industry. We represent the interests of over 145 member firms involved in the supply and distribution of savings and investment products and services.
TISA has a highly successful track record in working cooperatively with government, regulators, HMT, DWP and HMRC to improve the performance of the industry and the outcomes for consumers. Policy and regulation continues to be the major focus for our members with regard to corporate responsibility.
TISA and its members’ remit is evolving into a clearer focus on pro-active consultation in the regulatory world in order to influence policy and associated regulation before its creation, rather than reacting to issued policy directives. This will help to ensure a more considered policy creation from the authorities. www.tisa.uk.com