The Manchester & London Investment Trust (MLIT) is launching an Isa wrapper that pays renewal commis...
The Manchester & London Investment Trust (MLIT) is launching an Isa wrapper that pays renewal commission. The MLIT Isa will be administered by Galleon Assets Management and offers annual renewal commission of 0.5%. The investment trust is on a discount to net asset value of about 25%. Mark Sheppard, chief executive officer at Galleon, said: 'That the shares trade at such a discount to net asset value makes this offering more attractive than the majority of unit trusts.' Contact: 0161 200 6201.
The increase in minimum AE contributions has had little impact on opt-out rates - with cessations after April increasing by less than two percentage points, data from The Pensions Regulator (TPR) shows.
Follows string of appointments
Follows acquisition of BlackRock's DC platform
‘In the know’
£116.8m of benefits received by customers