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Tories set to champion green Isas

Shadow chancellor George Osborne will today propose an extension for Isa investments in green companies in a bid to raise awareness over climate change.

The new green Isas – or GIsas – will become part of the chancellors Save for the Planet campaign with firms who actively look to lower their carbon footprint given a green “kite mark” that will allow an extension of the maximum Isa investment from £7,000 to £10,000.

Those who have already committed to lowering their carbon footprint include M&S, Tesco and BSkyB. The Tories have also called for a new Green Environmental Market in a bid to change global trading.

Osbourne believes it is a way of getting people engaged in the fight against climate change in a positive way as well as creating a can-do attitude on the environment.


Martin says tinkering with advice is masking bigger issues

The Government must take stronger action to deal with the UK’s savings crisis, says Sesame chief executive Ivan Martin.At a Money Marketing RDR round table, Martin said that tinkering with the adv-ice process is pointless and called on the Government to take responsibility for addressing the savings gap in the UK.He said: “Whether you have […]

Charging into action

In its treating customers fairly work, the FSA has identified six key outcomes, one of which is that products are designed to meet the needs of a target group of customers.

Selestia aiming for 50bn on platform

Selestia Investment Solutions aims to increase the assets on its platform from 30bn to 50bn within five years.UK business unit chief executive Brett Williams says platforms must have deep pockets and be able to manage their scale. He says many entrants will be unable to compete on one or both of these elements.Williams says many […]


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