Friends Ivory & Sime Investment Trusts (FISIT) has scrapped dealing charges for investors coming int...
Friends Ivory & Sime Investment Trusts (FISIT) has scrapped dealing charges for investors coming into its range of 12 investment trusts. The only charge investors will have to pay on purchasing shares is the 0.5% Government stamp duty John Yule, marketing director at FISIT, said that unlike offers available from other houses this one, called ZeroCharge, was a long term commitment rather than being available for only a limited period. He thought the idea would particularly appeal to fee-earning IFAs. He said: "There is big growth in Sipps and also the income drawdown markets. Our investmen...
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