From: john boyle 
Newsgroups: uk.finance
Subject: Re: Cash ISA
Date: Mon, 22 May 2006 22:45:25 +0100

In message <84kcg.73555$wl.23572@text.news.blueyonder.co.uk>, Ronald 
Raygun  writes

>>>I think *all* ISAs should be set up as minis by default, unless it is
>>>anticipated from the outset that contributions will exceed the mini
>>>limit in any year.  They also ought to be freely convertible between
>>>mini and maxi status for any year, so investors/savers don't have to
>>>sacrifice flexibility.
>>
>> Try greeting Uncle G to agree to that!
>
>I don't understand why that should be a problem.  The whole purpose of
>the scheme is to encourage saving and investing, isn't it?  Increasing
>the scheme's flexibility will surely make the objective more achievable.
>
Of course it will. Its the obvious and sensible thing to do. Thats why I 
know that GB wont do it.
-- 
John Boyle