Old Mutual Global Investors is exiting the ISA and investment account markets and planning to transfer most of its 8,300 clients to Hargreaves Lansdown.

Chancellor Philip Hammond froze the annual subscription limit on ISAs at £20,000 in his Budget today after several years of rises.

NS&I has launched a new Junior ISA which will offer a 2% tax free interest rate.

The average stocks & shares ISA fund has grown by 15.8% during the 2016/17 tax year so far - the highest return since the 2009/10 tax year, according to Moneyfacts data.