Autumn Statement introduces new ISA flexibility – how the reforms could help you

Savers will be able to back multiple types of the same ISA and include fractional shares. We explain the Autumn Statement ISA reforms.

Blocks spelling out ISA
(Image credit: Getty Images)

ISA savers and investors are set to get more flexibility over the types of shares and products they can back when using the tax wrapper as part of reforms unveiled in today’s Autumn Statement.

Chancellor Jeremy Hunt didn’t explicitly mention ISAs in his Autumn Statement speech but the Treasury document shows a range of changes.

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Marc Shoffman
Contributing editor

Marc Shoffman is an award-winning freelance journalist specialising in business, personal finance and property. His work has appeared in print and online publications ranging from FT Business to The Times, Mail on Sunday and the i newspaper. He also co-presents the In For A Penny financial planning podcast.