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The Guardian - UK
The Guardian - UK
Business
Rupert Jones

Isas: UK savers to get freedom to chase better deals as rules change

Man using calculator
From April, savers will be able to sign up to multiple Isas of the same type every year, provided the £20,000 allowance isn’t breached. Photograph: SARINYAPINNGAM/Getty Images/iStockphoto

Getting the best out of Isas should become easier for UK savers after the government announced a shake-up that will let them hop on to higher-paying accounts if they become available.

The autumn statement documents revealed ministers are making a series of changes to “simplify” Isas. As well as giving people more choice, these will reduce the risk of people accidentally breaking the rules. But some commentators argued that the various changes made the system more complicated, not less.

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