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ISA B-no!-nus

From the content of this article it is very vague as to what the ISA proposals Fidelity are 'lobbying' MPs about would consist of. I dont think low-rate tax payers who are not opening ISAs are going to suddenly find the extra money & possibilty to open one at the drop of a bonus-embroidered hat. Until Fidelity halts hiding its torch under a bushel & tells us what it's "incentivising" ""bonus"" would consist of I think the system should be left as it is (given the recent subs limit amandments in recent times). I also urge that Fidelity thinks fully about the possible admin upheaval any difficult-to-manage & comprehend 'innovation' maycreate & whether such tampering would be justified (ie have any more than cosmetic impact). The best way to encourage peopel to invest more in ISAs is to run eisting accounts as well as possible & make them as rewarding for existing holders as possible - not through constant alterations & the attendent re-paperworking & re-aclimitisation 'new' 'bonus' 're-vamped' ISAs would entail.

Posted by: Joe Scott

01 Mar 2010 | 14:37
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U2 can save with an ISA Bono-us!

I disagree whole-heartedly with that Joe chap. I think Fidelity have clearly outlined their proposals within said article. Why, I almost feel as if I can see ‘auto-enrolment’ happening in front of my very eyes, that’s how well explained it is. It’s about time MPs did some work instead of spending their time cavorting with cheeky girls, using tax payers money to tend to their moats, and generally just larking about while us common, salt-of-the-earth, normal, tax-paying, self-respecting, God-loving, patriotic, article-commenting people get taken advantage of left, right, and centre. Bah!

Posted by: Francis J Bigglesworth

01 Mar 2010 | 14:49
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Fidelity lobbies MPs for ISA bonus

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