No rush to ISAs this season say advisers

According to Resolution’s ongoing research among IFA groups, only a third of IFAs questioned (36pc) say they are expecting their clients to pile into ISAs before the end of the tax year. In a damning verdict on the UK’s flagship investment vehicle, a further 62pc of those questioned believe sales will remain flat. The survey results, compiled before the recent global stock sell-off, follow a pattern of poor investor responses to ISAs in recent times. They come after a disappointing start to the year for ISA sales. According to the IMA, net ISA sales only reached £31m in January, down 62...