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Emeritus Prof Christopher May /
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2025-02-01 10:30:50

Emeritus Prof Christopher May on Nostr: So not satisfied with trying to get its hands on pension fund surpluses, I see the ...

So not satisfied with trying to get its hands on pension fund surpluses, I see the financial services sector, is now trying to convince Rachel Reeves to downgrade tax relief(s) for cash ISAs because too much money is tied up in this low risk saving instrument which (they say) could earn better returns in stocks & shares...

Of course, that also means they would the get the fees, and savers would be exposed to more risk of losing their capital; exactly why many choose cash ISAs!

#savings
h/t FT
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