Information: For immediate release Monday 22nd March 1999

THE AUTIF GUIDE TO INDIVIDUAL SAVINGS ACCOUNTS

AUTIF has produced a free guide to Individual Savings Accounts (ISAs), which outlines their benefits to new investors and explains what they mean to people already saving in PEPs and TESSAs.

Anne McMeehan, Director of Communications at AUTIF, said:

"Although ISAs, like PEPs and TESSAs, are designed to encourage people to save more, they are quite different. It is therefore important to take some time to understand these new savings products. For this reason, and to make the transition from PEPs and TESSAs to ISAs a little easier, we have set out to answer step by step, the typical questions being asked both by existing investors and those who are looking to start saving for the first time."

Readers should call the Unit Trust Information Service on 0181 207 1361 for a copy of this free guide.

For further information please contact:

Anne McMeehan, Director of Communications, AUTIF, 0171 831 0898
Clare Arber, PR Manager, AUTIF, 0171 831 0898
Susie Poote, Communications Assistant, AUTIF, 0171 831 0898

Notes for Editors:

Further general information on saving in investment funds is available by calling the Unit Trust Information Services helpline, 0181 207 1361, which is manned 24 hours a day.