Investing news in 2024
6 stories, newest first.
- December 2024
FCA opens consultation on CCI disclosure requirements
The Financial Conduct Authority opened a consultation in December 2024 on what information firms must give retail investors about consumer composite investments, with final rules planned for 2025.
- October 2024
Publication of ISA and Child Trust Fund (Amendment No 2) Regulations 2024 tax information and impact note
HM Revenue and Customs has published a tax information and impact note on rules for fractional shares in ISAs and Child Trust Funds, National Insurance number checks on new ISA applications and ISA transfers.
- May 2024
FCA anti-greenwashing rule takes effect
The Financial Conduct Authority's anti-greenwashing rule took effect on 31 May 2024, requiring regulated firms to substantiate sustainability claims about their products and services.
- April 2024
Capital gains tax allowance cut to £3,000 and dividend allowance to £500
The tax-free capital gains allowance falls to £3,000 and the dividend allowance to £500 from April 2024, the second cut in two years, meaning more people owe tax on investments and second homes.
- March 2024
Legal & General closes Investment Accounts and Stocks & Shares ISAs
Legal & General closed its Investment Accounts and Stocks & Shares ISAs on 4 March 2024, telling holders who have not heard from it to get in touch to discuss their options.
Government consults on British ISA allowing extra £5,000 UK equity investment
The government is consulting on a British ISA that would add £5,000 a year of tax-free UK equity investment on top of the existing £20,000 ISA allowance.