View more on these topics

Isa sales top £4bn in first two months

Isa sales have topped £4bn in their first two months according to figures from the Treasury.


The figure represents twice the amount saved in Peps and Tessas over the same period last year.


The statistics reveal that nearly three quarters of the Isa sales went into cash Isas totalling £3.095bn compared to stocks and shares Isas including unit trusts which totalled just 1.066bn.


The banking sector won the battle for cash Isas, securing £2.115bn compared to £980m into building societies.

Recommended

Kellands take the plunge

Bristol based IFA firm Kellands joined up with other financial services teams in a sponsored abseil to raise cash for the charity.The event which took place on the weekend of June 26 to 27, saw Kellands&#39 staff joined by teams from Axa Sun Life, Royal & SunAlliance and local radio station GWR FM to raise […]

Norwich Union backs industry-wide Cat mark logo

Norwich Union has joined 11 other providers in their support of an industry-wide Cat standard logo for Isas.It follows recent NU Investment Funds research from NOP which highlighted that almost 80 per cent of adults appear to not know what &#39Cat&#39 means.NUIF director of sales and marketing Mark Skinner says: &#34As one of the leading […]

PIA fines Sussex IFA

The Personal Investment Authority has fined Sussex IFA Horsham Financial Services £15,000 for compliance failings over its pensions review.The disciplinary action was taken after the firm failed to take reasonable steps to carry out a review of its previous pension transfers and opt-out business and maintain adequate records of its pensions review.

Exeter Fund Managers dsicounts Pacific fund

Exeter Fund Managers is offering a 1 per cent discount on its Pacific Growth Fund.The discount offer follows a period of recovery in the Asian markets where economic problems have begun to ease as interest rates have fallen and investor confidence returns.The offer period which runs until September 1.The fund pays IFAs 3 per cent […]

In Focus Ebola cover - thumbnail

White paper — In Focus: Ebola Virus Disease

Jelf Employee Benefits focuses on Ebola Virus Disease (EVD) and what this means for businesses with operations in West Africa. This will be of particular interest to those with employees either travelling to, or living within, West Africa, the area affected by the most catastrophic outbreak of Ebola to date.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment