Will HMRC block money market funds from the stocks and shares ISA allowance?

• HMRC is considering new rules that may prohibit the use of money market funds within stocks and shares ISAs, potentially impacting cautious investors seeking cash-like returns. This development raises concerns about the accessibility of these investment options for individuals looking for safer alternatives in their portfolios.
• The potential blocking of money market funds from the stocks and shares ISA allowance could limit investment choices for many investors, forcing them to seek riskier assets or alternative savings methods, which may not align with their financial goals or risk tolerance.

— via World Pulse Now AI Editorial System