April 2016 – Important information for savings customers
In March last year, the government announced plans to make ISAs flexible, meaning savers will be able to take money out of their ISAs and put it back, in the same tax year, without it counting towards the annual ISA allowance. The changes came into effect from 6 April 2016.
In addition, the government also introduced a new type of ISA called Innovative Finance ISA. However, not all ISAs are changing, and your Intelligent Finance jar(s) will not be upgraded. This means we are not offering the additional flexibility or the Innovative Finance ISA.