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-MoneyIsa

22% charge aims to stop Isa savers getting around new rules from 2027

Maike Currie, VP Personal Finance at PensionBee, said: “Every time another rule is added to the ISA regime, the government chips away at its greatest strength: simplicity.

“Levies and rule changes may be well intentioned, but they risk making a straightforward savings wrapper confusing and less attractive. If we want to build a nation of investors, confidence and engagement matter far more than change and complexity.”

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