L&G reports rise in Isa sales

Legal & General claims its Isa market share has jumped to 13.15% in the third quarter of 2002, driven by sales of its trackers funds. That compares to a 7.1% market share in the same period last year and 11.9% in the second quarter of 2002. The sales were largely generated though branch distribution via chains such as Alliance & Leicester, Barclays, Northern Rock and the Yorkshire Building Society.