Deadline for ISA allowance approaching
St. James's Place recorded an 84% surge in unit trust and ISA investments over the first quarter of the year.
The IMA has welcomed the Chancellor's move to increase ISA limits in line with inflation, saying it will continue to work with the Government to build on the ISA brand.
The Chancellor has responded to industry calls to raise future ISA allowances in line with inflation.
Aegon UK, the Edinburgh-based life and pensions business, is thought to be in the sights of Clive Cowdery, who heads the Resolution acquisitions vehicle.