Eurolife Fund managers is extending the share choice through its Pep transfer plan from FTSE 100 to ...
Eurolife Fund managers is extending the share choice through its Pep transfer plan from FTSE 100 to all 750 stocks in the FTSE All-Share, writes Ruth Alexander. From 6 April, Eurolife will accept in-specie transfers of single company Peps, allowing investors to remain within an existing branded product while still putting it under the Eurolife umbrella. Eurolife offers this via its Pep Consolidation Company. There is no initial charge on the plan, a 1% fee in the first year, and a 0.5% charge from year two onwards. Eurolife pays trail commission of 0.5% on all assets in the first ye...
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