Chancellor Rachel Reeves is widely expected to cut the annual cash ISA allowance from £20,000 to £12,000 in tomorrow’s Budget.

The move is seen as part of a push to encourage savers into putting more of their money into stocks and shares and to help plug an estimated £30bn fiscal shortfall.

T alk of ISA reform has been bubbling away for months, and it comes after earlier reports put a £10,000 cap on the table.

Experts warn this could hit many savers, especially older ones, and even affect mortgage lending , with around 14 million people currently holding a cash ISA.

We take a look at what other tax-efficient saving routes you might turn to if your cash ISA allowance is cut.

Boosting pension contributions

Putting spare savings into a pension is one of the most tax-efficient al

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