IFAs see 16% plus Isa sales growth

Almost half of advisers have seen Isa sales grow by more than 16%, year on year, according to Pruden...

Almost half of advisers have seen Isa sales grow by more than 16%, year on year, according to Prudential. Some 59% of intermediaries reported an increased risk appetite from clients. Some 29% reported static sales volumes and 25% a decline in sales by an average of 15%. On average, £4,300 was invested lump sum and £90.85 in monthly savings schemes. The most popular destination for investments was UK equities, which took almost a third of all monies.