Cat tries to make its mark

When Isas were launched in 1999, the Government was anxious to offer some reassurance to the new inv...

When Isas were launched in 1999, the Government was anxious to offer some reassurance to the new investor that he/she was not going to be ripped off. Whether or not you recognise that Government view of the savings industry, it is understandable that they would want to offer some encouragement and guidance to the concept of saving for newcomers, particularly (but not exclusively) saving linked to stock market investments. But is the Cat living up to expectations? Earlier this year, Market Minder told us that 64% of the investors they had surveyed did not know what a Cat mark was, hardl...