From April 2027, new rules will apply to ISAs. These changes are designed to support the updated Cash ISA rules and prevent customers from using Stocks and Shares ISAs to get around Cash ISA restrictions.
These changes are designed to encourage long term investing, rather than holding cash in investment ISAs.
From April 2027, the Cash ISA allowance will reduce from £20,000 to £12,000 for those under the age of 65.
If you are over 65 or turning 65 in the tax year, this change won’t apply to you – your Cash ISA allowance will be £20,000.
There are no changes to the Stocks and Shares ISA allowance. You can still invest up to £20,000 each tax year.
No. Our funds hold a small amount of cash as part of its investment strategy, but the cash is held within the fund and not directly. This means the 22% charge on interest earned from cash is not expected to apply to our products.
The new charge is due to come into effect from April 2027.
No. The new rules apply to adult ISAs only.
Yes. It is anticipated that during 2027 (though the Government has not yet confirmed a final launch date), a new First-Time Buyer ISA will replace the current Lifetime ISA.
Until then, you can still open a Foresters Stocks and Shares Lifetime ISA. If you already have a Lifetime ISA, you can continue saving into it under the current rules, even after the new First-Time Buyer ISA is introduced.
Whatever your savings goals are, we offer products to save for both yours and your child's future.
Pick a ready-made, professionally managed investment fund that best suits you, with a sustainable-focused and Shariah compliant option.
Our expert investment managers handle the investment details, so you can focus on what matters most.
View performance, explore fund information, access your documents, make contributions and more 24/7 with MyPlans.
View our ISAs Explore child savings
Investing gives you the chance to grow your savings, but there’s a risk that the value of your investment could go down as well as up.
