Pension plan brought out by Flemings

JP Morgan Fleming Asset Management is launching its Investment Trust Personal Pension Account, the first of its kind since the introduction of the DC pensions regime on 6 April. For investments into the account, there is a minimum investment of £1,000 gross lump sum per investment trust or cash fund. The minimum for regular saving is £100 gross per investment trust or cash fund per month. Peter Hiscock, pensions product development manager at the group, said: 'Since the introduction of the pension tax and contribution structure in April, the Government is encouraging more people than ev...