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L&G doubles Isa market share

Legal & General doubled its share of the Isa market in the first quarter of the year after sales rocketed to £168.2m from £115.5m in the same period in 2001.

The boost meant that L&G&#39s market share shot up by more than 110 per cent – of the sales of Investment Management Association members – to 7.8 per cent from 3.7.

L&G attributes the rise to its “value for money” proposition and new distribution capabilities.

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