Fidelity wants mini and maxi Isas kept

By Jenne Mannion Fidelity is lobbying the Inland Revenue to retain the current structure of the mini...

By Jenne Mannion Fidelity is lobbying the Inland Revenue to retain the current structure of the mini and maxi Isa. Paul Kafka, executive director, corporate communications at the group, said the mini/maxi structure offers investors an important measure of flexibility, enabling them to place different types of investment cash and equities, with different providers. He said that to promote greater flexibility the Government might consider allowing investors to change their mind during a single tax year. He added: "If they have taken out one kind of account but later decide a different arra...