Martin Lewis has issued advice on how ISAs will work (Image: ITV)

Consumer expert Martin Lewis has explained just what the newly-announced ISA rule changes will mean for savers. The Government has said that the annual adult cash ISA limit will be slashed to £12,000 from April 2027.

Only over-65s will retain the full £20,000 cash ISA allowance. The annual overall contribution limit into adult ISAs will remain at £20,000, potentially encouraging some savers who reach the £12,000 cash ISA limit to put more money in stocks and shares.

Now Martin has outlined how the system will work once the new rules kick in from 2027. He gave his explanation on the Martin Lewis Money Show on ITV . The consumer guru also recently issued a warning to all savers, stating that people could end up payi

See Full Page