F&C waves initial charge for PEP transfer

F&C is waiving the initial charge of £50 to investors who transfer their Pep to their investment trust range. However all other costs will still apply, fees before VAT of £25 as transfer in fees, £60 as annual administration charge, a dealing commission rate of 0.2% and a stamp duty of 0.5% on amount invested. With minimum investment of £1,000, the investment trusts covers a generous range. Investors will be able to choose to transfer into a range of 10 investment trusts offered by the group. This includes F&C Investment Trust, F&C Emerging Markets, F&C Eurotrust, F&C PEP and ISA, F&C...