Individual Savings Accounts: proposed reforms

Issue date: 6 December 2006
Closing date for responses: 31 January 2007

This document sets out proposals for implementation of the Government's proposed reforms to the ISA regime and seeks views on a range of practical issues. This is a Treasury document and the link Individual Savings Accounts: proposed reforms will take you to the paper which is situated on the HM Treasury web site.

Corrigendum: Paragraph 1.11 in the attached document contains a technical error. The paragraph should read "There is a range of investments that are permitted within the ISA regime that are not permitted within PEPs, including stakeholder products and insurance. The Government will align the qualifying investments regime by allowing funds that were held in PEPs to be invested in the full range of ISA qualifying investments."

Enquiries on the content of this document should go to:

HM Treasury Saving Incentives Branch.

Tel: 020 7270 6112

Email: isa.review@hm-treasury.gov.uk.