The UK government will implement significant changes to Cash ISA regulations starting April 2027. Savers holding £12,000 or more will face new restrictions as the annual deposit ceiling decreases from current levels. However, pensioners aged 65 and above will maintain their enhanced £20,000 allowance, protecting retirement savings. These modifications won't affect funds already deposited in existing accounts, providing some relief to current account holders managing their tax-free savings strategy.

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