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ISA boost may herald simplification

The ability to invest £7,000 into an ISA for 2000/2001 rather than the anticipated £5,000 will give savers a boost.



There may be even better news in prospect as a review of the operation of ISAs will start in 2000 and will look at the problems encountered during their first year. Hopefully this will lead to simplification in the future in particular avoiding the confusion regarding mini and maxi ISAs and the differing monetary amounts that can be invested in the various component parts.

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