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Mr. Loughton
To ask the Chancellor of the Exchequer how many firms have registered to become providers of (i) maxi ISAs, (ii) mini ISAs and (iii) the life insurance element of the proposed ISA. [R] [74044]
Ms Hewitt
[holding answer 2 March 1999]: Up to 26 February, a total of 356 firms have received approval. 107 had registered to offer only the cash or life insurance components. These firms can offer only mini ISAs. The remaining 249 firms had registered to offer at least the stocks and shares component. These firms can offer both maxi and mini ISAs. 66 firms have registered to offer the insurance component of the ISA.