ISAs are back in the spotlight after the government's decision to cut the Cash ISA allowance for under-65s from next year. But that's only part of the story.
In this episode of Investing Unlocked Extra, Georgie Frost is joined by Sarah Coles, Head of Personal Finance at AJ Bell, to separate fact from fiction and explain what the latest ISA changes could mean for savers and investors.
They discuss:
• Why the government is changing Cash ISAs
• Whether the reforms will actually encourage more investing
• The speculation around taxing cash held within Stocks & Shares ISAs
• What happens to transfers between Cash and Stocks & Shares ISAs under the new rules
• Why flexibility matters when it comes to saving and investing
• Whether higher taxes on savings, dividends and capital gains signal a wider shift in UK wealth taxation
Plus, Sarah shares practical tips on choosing the right ISA for your goals and the one group of savers who may want to consider taking action before the new rules come into force.
If you're wondering how the ISA landscape is changing — and what it could mean for your financial future — this episode is essential listening.
Please remember: this podcast is for information and educational purposes only and does not constitute financial advice.
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What is Investing Unlocked?
Investing Unlocked is a smart, straight-talking podcast that decodes the jargon for people who want to make more of their money and understand what really drives investment performance.
Join Georgie Frost, multi-award-winning financial broadcaster, with regular guest Simon Lambert, alongside an impressive lineup of leading financial experts, as they go beyond the latest finance stories to explore the building blocks of investing, the behaviour behind it, the history that shaped it, and the big ideas influencing what happens next.
As investing moves to the centre of financial life in 2026, the show invites in the people traditional finance has left behind.
Investing Unlocked is sponsored by PensionBee.