FundsNetwork reports 37% Isa season increase

FundsNetwork has reported a 37% increase in its total Isa season sales year on year. David Dalto...

FundsNetwork has reported a 37% increase in its total Isa season sales year on year. David Dalton-Brown, head of FundsNetwork, said the results contrasted with suggestions that Isa season sales across the industry had dropped in 2007. The platform’s gross Isa season sales totalled £542m, an increase of 29% on 2006, according to the company. The platform also reported a 413% increase in investment into its Sipps, suggesting these could be starting to rival Isas as a seasonal tax-efficient investment