ABN Amro is to relaunch its Isa cafe on April 5, enabling last-minute investors to use their Isa allowance in style. The cafe will be at ABN Amro's City of London offices at 82 Bishopsgate. The firm is teaming up with M&G, Henderson, Cofunds, Aberdeen, New Star and Invesco Perpetual to set up last-minute drop-off points at 12 locations around the country. All points will be open from 8am till 6pm.
Franklin Templeton Investments is offering a 1 per cent discount on all Isa investments into its funds until the end of April. The discount will reduce the initial charge to 3 per cent, with the exception of the sterling corporate bond fund, which will be reduced to 2 per cent.
NDF has launched two new structured products offering a degree of capital protection. The NDF recovery growth plan 2 is a five-year product linked to the FTSE100 while the higher-income & growth plan 2 offers either an annual income of 9 per cent a year or 50 per cent growth at the end of the five-year period. Both plans qualify for Isa and Pep investment and pay commission of 3 per cent.
Cofunds is offering a cash shelter for Isa investors, enabling them to shelter money from volatile markets. Investors must intend to invest in the market but there is no specific time limit. Interest is paid at 2 per cent below the Bank of England base rate, currently 4 per cent.