Product category:
General insurance
News Release from: Fidelity International | Subject: Insurance
Edited by the Insidemoneytalk Editorial
Team on 04 May 2007
David Dalton-Brown, Head of Fidelity
FundsNetwork said of the IMA's new
Investment Fund Statistics
"Just as industry year on year gross ISA sales have increased, FundsNetwork had another good year with sales up by a third on last year.
As the IMA points out, with platforms representing 39 per cent of gross ISA sales*, they are the favoured means for ISA investment "But its not just ISAs that are doing well on platforms, we've also seen a surge in SIPP sales over the ISA season - an uplift of 413 per cent compared to the same period last year
SIPPs have clearly caught the imagination of advisers and investors, combining all the tax advantages of an approved pension with the flexibility of an investment that mutual fund savers value." Fidelity International Limited ("FIL") and its subsidiary companies serve the major markets of the world by providing investment products and services to individuals and institutional investors outside the US.
The FIL Organisation manages a total of ?143.0 billion of assets.
• Fidelity International: contact details and other news
• Email this article to a colleague
• Insidemoneytalk Home Page
