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Equitable Life announces CAT standard ISA plans

Equitable Life has announced plans to launch a Cat-marked equity tracker ISA in April.


The maxi ISA will allow up to £7,000 to be invested in the Equitable UK All-Share Index Tracking Trust.


It will have no initial charges and an annual charge of 1 per cent per annum.


Managing director Alan Nash says: &#34With our low costs and world class flexible IT systems, clients will expect us to be able to offer a completely new and competitive Cat-marked ISA. That is exactly what we are doing.&#34

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