News

XTB's ISA page states that from 1 May 2026 it pays 4% AER variable interest on GBP ISA free funds, alongside zero commission up to a monthly trading-volume threshold. The same page lists a 0.5% currency conversion cost.

Source: XTB

Freetrade's ISA page states that its Stocks and Shares ISA has no account fee on the Basic plan, with commission-free investing and separate FX charges. The page's comparison disclosure says provider cost data was checked on 24 March 2026.

Source: Freetrade

HL's current ISA materials show an annual account charge of no more than 0.35% for holding investments, alongside separate dealing charges for one-off trades. This is materially relevant for ISA comparison pages because earlier HL fact sheets and market commentary often referenced a 0.45% fund platform fee.

Source: Hargreaves Lansdown

Vanguard's UK fee page states that self-managed accounts under £32,000 pay £4 a month, while accounts at £32,000 and over pay 0.15% a year capped at £375. The change is most relevant for smaller ISA portfolios.

Source: Vanguard UK Investor

XTB's official ISA page describes a flexible Stocks & Shares ISA with access to stocks and ETFs, ISA transfers to XTB and withdrawals that can be replaced within the same tax year. The page says the ISA is for UK tax residents and supports transfers from Stocks & Shares ISAs and Cash ISAs.

Source: XTB

Robinhood UK now offers a Stocks & Shares ISA focused on US stock-market investing, with no account fee and fractional shares according to its official ISA pages. Robinhood's support page confirms ISA transfers are supported as cash transfers only.

Source: Robinhood UK

InvestEngine's ISA and costs pages distinguish DIY Portfolios from Managed Portfolios, with the DIY tier charging no platform fee and using ETFs selected by the customer. The managed tier is separately priced at 0.25% a year.

Source: InvestEngine

Lightyear's official UK ISA page describes a tax-efficient Stocks & Shares ISA with zero account fee, zero commission and a 0.1% FX fee. The page also states Lightyear UK Ltd is FCA-regulated and describes FSCS protection for eligible client money.

Source: Lightyear

HMRC's Tax-free savings newsletter 19 says the April 2027 reforms will introduce a £12,000 Cash ISA limit for under-65s and anti-circumvention rules including tests for cash-like investments and a charge on interest paid on cash held in Stocks & Shares or Innovative Finance ISAs. Draft legislation is still to be consulted on, so implementation details remain pending.

Source: GOV.UK / HMRC

HMRC says mandatory digital reporting for ISA managers has been postponed until April 2028, while the Cash ISA reform is planned to proceed from April 2027 using existing reporting methods. HMRC plans a test period from autumn 2026.

Source: GOV.UK / HMRC

The Individual Savings Account (Amendment) Regulations 2025 require National Insurance information for qualifying non-Junior ISA subscriptions from 6 April 2027 and amend flexible ISA replacement-subscription rules. Most other provisions came into force on 15 July 2025.

Source: legislation.gov.uk

The 2025 ISA amendment regulations allow funds that met the relevant recognised-UCITS conditions immediately before 1 October 2024 to remain qualifying investments for Stocks & Shares ISAs and CTFs until 31 December 2026. The measure provides transitional treatment while overseas fund recognition arrangements continue.

Source: legislation.gov.uk

HMRC's tax-free savings newsletter says regulations took effect from 4 November 2024 allowing certain fractional interests to be held in Stocks & Shares ISAs, Junior ISAs and Child Trust Funds where specified conditions are met. The rules require the whole share to be a qualifying investment and the arrangement to be between the ISA manager and investor.

Source: GOV.UK / HMRC

The FCA published expectations for firms offering fractional shares to retail investors under the Consumer Duty, covering product design, value, consumer understanding and support. The page notes Treasury work on allowing certain fractional share contracts as ISA investments.

Source: Financial Conduct Authority