New research suggests that Individual Savings Accounts (ISAs) are at the heart of many people’s retirement savings strategy.

Less than one in ten Financial Planners and advisers have seen an increase in clients paying into ISAs, despite April’s rule change which allowed savers to pay into more than one type of ISA.

Adviser investment platform Fundment has launched a Stocks & Shares Lifetime ISA (LISA), one of the few available on the market.

Investment platform AJ Bell has written to new Chancellor Rachel Reeves urging the government to merge all the different ISA types to make life easier for investors and unlock £30bn currently sitting in cash ISAs.