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Maxi and Mini Isas to be brought into line

The Sandler review has recommended that Isas be preserved because of their importance to the savings in the UK.

The review team believes that the rules on mini and maxi Isas should be brought into line in the medium term with mini limit raised.

It also wants fund managers to make a statement setting out their principles of investment, in a move echoing recommendations made by the Myners report for institutional managers.

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