New ISA rules clarification on multiple accounts

Ocelot

There's an article about it on TIM: https://www.thisismoney.co.uk/money/saving/article-13316161/Big-banks-ignoring-new-rules-let-savers-open-one-Isa-year.html

jimjames

Ocelot said:

There's an article about it on TIM: https://www.thisismoney.co.uk/money/saving/article-13316161/Big-banks-ignoring-new-rules-let-savers-open-one-Isa-year.html

Probably harvested the story from here

flaneurs_lobster

jimjames said:

Ocelot said:

There's an article about it on TIM: https://www.thisismoney.co.uk/money/saving/article-13316161/Big-banks-ignoring-new-rules-let-savers-open-one-Isa-year.html

Probably harvested the story from here

Nah, if the Mail had done that then at least some bits would have been true.

Kim_13

“Insiders tell me that even if savings providers wanted to offer Isa customers the new flexibility permitted by HM Revenue & Customs, they couldn’t — because they simply do not have the back-end technology to support it”

Insiders = MSE Forumites? The way it’s written makes clear it hasn’t come from providers themselves.

MDMD

Kim_13 said:

“Insiders tell me that even if savings providers wanted to offer Isa customers the new flexibility permitted by HM Revenue & Customs, they couldn’t — because they simply do not have the back-end technology to support it”

Insiders = MSE Forumites? The way it’s written makes clear it hasn’t come from providers themselves.

They’ve probably called up either the CS helplines or the press office of a bunch of providers.