ISA Rule Changes

The ISA rules change from 6 April 2008.

There will no longer be Mini and Maxi ISAs. Instead there will be Cash ISAs and Stocks and Shares ISAs.
You will be able to transfer money from Cash ISAs into Stocks and Shares ISAs but you cannot transfer money from a Stocks and Shares ISA to a Cash ISA.
All existing PEPs will become ISAs.
When Child Trust Funds mature, you will be able to transfer them into an ISA.

Any further queries on the rules for this year or next?
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