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CIS launches life assurance ISA

Co-operative Insurance Society is launching a life assurance Isa.

The Isa which will be available on a mini and maxi basis, will invest in the society&#39s Platinum Plus flexible with-profits savings plan.

The minimum investment requirements are £250 for lump sum investments and £25 a month for regular contributions.

It has no fixed term and withdrawals can be made at anytime, but these could be subject to encashment penalties.

The current bonus rate on Platinum Plus is 4 per cent, which includes a special 0.5 per cent first anniversary bonus for new investments before April 6, 2000.


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Thesis launches Isas

Private client investment manager Thesis Asset Management has launched self-selecting mini and maxi Isas.The Isas give investors the choice of investing in any unit trust, corporate bonds or direct equities.There is a minimum investment requirement of £1,000 for both the mini and the maxi products.Thesis charges an initial fee of £75, although this is waived […]


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