Groups finalise collection strategies for 5 April Isas

Despite the lack of enthusiasm among investors for Isas following three years of equity losses, prod...

Despite the lack of enthusiasm among investors for Isas following three years of equity losses, product providers are taking steps to capture any last-minute purchases in the run-up to the end of the tax year. M&G, Invesco Perpetual and L&G will all accept applications for processing in the 2002/03 financial year on 5 April, a Saturday. L&G is accepting hand-delivered and telephone applications up to midnight on 5 April, with investors able to pay by debit card. The group will take faxed lump sum Isa applications up to 10pm, with customers needing to include their debit card details, w...