Early closing for investment trust Isas

Many investment trust Isas will close to applications well before 5 April deadline for this tax year...

Many investment trust Isas will close to applications well before 5 April deadline for this tax year. For groups such as Flemings and Friends Ivory & Sime the final date is 29 March. In both cases the final cut-off period is 5 April if the cooling-off period is waived. Intermediaries who feel applications are not going to reach Edinburgh Fund Management's administrators by post by 29 March can invest online with the group. Marianne Cantley, head of marketing at Edinburgh, said: "Our deadline is 5pm on 29 March for new investors, so IFAs can send applications via the internet as late as ...