Before the financial services sector try to dismember the cash ISA, perhaps they might first think about the £67bn in under-performing 'dog' funds; managed funds (taking big fat fees) but which have under-performed stock indexes in the last three years....
But of course in a sector patterned by big payments for under (no) performance, all they're interested is in getting rid of a competing product for savers so they can capture more fees!
Leave cash ISAs alone!
#investments #savings
h/t FT
