M&G will pay an extra 1% initial commission on top of its standard 3% offer on Pep transfers into th...
M&G will pay an extra 1% initial commission on top of its standard 3% offer on Pep transfers into three of its funds until the end of the tax year, writes Jane Wallace. The offer lasts from this week until 5 April and applies to Managed Income, Managed Growth and Corporate Bond. Trail commission of 0.5% is also available on the managed funds but not on the bond fund. The two funds are both in-house funds of funds. Managed Income is managed by Richard Plackett and Managed Growth by Graham French. M&G has also launched a European tracker fund, which does not pay commission to IFAs. M&G Eur...
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