"Forcing people to save into a pension through auto-enrolment won't work either because it treats them like children and will cause more complacency.
“What we really need is a culture of saving which is why we would like to see the stocks and shares Isa allowance increased to £25,000 per annum, per person so that investors’ money could grow in real terms, tax-free, until they retire.”
Changes to Isas are only just now being discussed in earnest - a decade on from Harrison's remarks.
In September 2021, True Potential sold a majority stake of its business to private equity firm Cinven for an undisclosed sum.
At the time the firm said the investment would enable it to continue its double-digit growth and develop its investment technology platform.
Until 2019 True Potential was owned by American private equity firm FTV Capital but the company bought itself back - though FTV retains a minority stake in the business.
amy.austin@ft.com
