50,000 holding mini and maxi Isa accounts

Over 50,000 investors are holding both mini and maxi Isas all of which stand to lose their accounts ...

Over 50,000 investors are holding both mini and maxi Isas all of which stand to lose their accounts given the Revenue's strong stance on rule breaches, according to MarketMinder. On the up side the recent MarketMinder survey found that demand for Isas in January was at the highest level since the April/May 1999 period when they were first made available. With this level of demand, the research group believes the Isa should end its first year as a success, despite the problems surrounding its complicated nature. Mike Hare, chief executive officer at MarketMinder, said: "The Isa market has ...