M&G is extending the 1% discount on the initial charge of its British Opportunities fund for Isa lum...
M&G is extending the 1% discount on the initial charge of its British Opportunities fund for Isa lump sum investments and Pep and Isa transfers until 30 September 2002. Intermediaries are also being offered an enhanced commission package on Pep and Isa transfers into the group's Corporate Bond and High Yield Corporate Bond funds, raising the commission from 3% to 4%.
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PARTNER INSIGHT: For many advisers, outsourcing to a multi-manager or discretionary fund manager makes sense, allowing them to focus on the adviser-client relationship
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An added tier of asset management can of course deliver additional benefits for certain investors, writes Graham Bentley - just be sure you can justify it to the regulator and, especially, the client