Early Isa deadlines for Inv trusts

Investors planning to put their Isa allowance into investment trusts may need to make their purchase...

Investors planning to put their Isa allowance into investment trusts may need to make their purchase well before 5 April in order to meet the deadline for the 2002/03 tax year. Cooling-off periods and other administrative matters mean some investment trust Isa schemes close as early as 27 March. Aberdeen Asset Managers investment trust Isa applications close on 27 March, or 3 April if investors agree to waive the seven day cooling-off period. Allianz Dresdner Asset Management will accept postal cheque applications up to 5pm on 5 April, but investors acting on intermediary advice must ...