RE: Next news11 Mar 2020 18:40
puntersfriend, there are specific conditions laid down by
the government about which kinds of assets can & cannot
be held within an ISA tax wrapper. those restrictions do
not apply to the ordinary, non-ISA accounts that brokers
etc run. so if someone has an investment within an ISA
that met the criteria when it was first put into the ISA, but
then something major changes about the investment so
that it no longer meets HMG criteria for ISA assets (e.g. losing
its listing), then broker has no choice but to remove from ISA.