netISA online protection deal

Internet-only financial services company netISA is teaming up with spread betting firm IG Index to offer an investment protection service, writes Leo Bland. The service, called immunISA, allows investors to freeze their investments over the internet when they believe markets are looking overvalued. The group said this would have the same effect as selling for cash but will not trigger capital gains tax liabilities or lead to the investor losing their Pep or Isa allowance. The service is only available over the internet. Investors can freeze their investment for either three or six months ...