Wednesday 5 December 2012

AIM stocks in ISA's from next year?

For UK investors perhaps one of the best things to come out of today's Autumn statement is that from next year AIM stocks may be allowed into ISA's. I say may because while the Twittersphere was saying that they would be allowed from 2014, it was clear that many hadn't read or heard what Chancellor Osborne actually said, so here it is.
And we will consult on allowing investment in SME equity markets like AIM to be held directly in stocks and shares ISAs, to encourage investment in growing businesses.
http://www.telegraph.co.uk/finance/budget/9724128/Autumn-Statement-2012-the-full-speech.html

So, it actually says that he will consult about allowing AIM stocks to be held in ISA's. Chances are that it may well happen, but consult means what it says, they could decide against it - after consultation.
 

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