HM Treasury

The Treasury Has Confirmed Spouses Will Be Able To Inherit ISAs Without Having To Sell and Reinvest Investments

Peter Maxwell-Lyte Financial Planning Leave a Comment

H.M. Treasury Last week Chancellor George Osborne announced in his Autumn Statement it will be possible to pass on ISAs to surviving spouses when a saver dies. The changes came into effect immediately, but there was a concern that the rules had not been updated to allow investments held in the ISA to be transferred automatically – known as an in specie transfer …