Individual Savings Accounts
The question
To ask the Chancellor of the Exchequer, pursuant to the Answer of 24 February 2025 to Question 30578 on Individual Savings Accounts, what steps her Department plans to take to inform Cash ISA holders of the potential merits of participating in capital markets for the long-term financial security and returns that investing can provide.
Answered by Emma Reynolds
The Government recognises the important role that cash savings, including those held in Cash ISAs, play in helping households build a financial buffer for a rainy day.
The Government wants to see more people benefit from the returns and long-term financial resilience that investing can provide. To support this, the Government is working closely with the Financial Conduct Authority on the Advice Guidance Boundary Review to deliver a system of Targeted Support to give people the confidence to invest.
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