Net Isa sales fall 13.5%

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By Ruth Alexander Investment fund net Isa sales for 2000/01 are down 13.5% on the previous ye...

By Ruth Alexander Investment fund net Isa sales for 2000/01 are down 13.5% on the previous year. Autif's latest figures found that total net sales for the last tax year came in at £9bn compared with £10.4bn for 1999/2000. In contrast the figures for the traditional Isa season since the new year are down significantly on the the equivalent period during 2000. Net Isa sales for 1 January to 31 March 2001 are down 40% at £2.4bn compared to £4bn the previous year. From 1 January to 5 April 2001 the figure is £3bn compared with £5bn for the same period in 2000. In March 2001 total...

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