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Currie gives 2% discount on UK growth

Martin Currie is offering a 2 per cent discount on the initial charge for the UK growth fund throughout March, dropping the charge to 3.25 per cent.

The annual charge is 1.25 per cent. Initial commission is 3 per cent. Renewal is 0.5 per cent if the fund is in a Pep wrapper.

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ICS inviting claims on four IFA firms

The Investors&#39 Compensation Scheme has declared four IFA firms in default, allowing clients to make compensation claims. The firms are: The Moneywise Centre of Chandos Street, Leamington Spa; London Corporate Securities of Great Eastern Street, London; RH Richards Associates of Malling House, West Malling, Kent; and Analysis Financial Services of Park View, Harrogate.

Marketwatch

Commercial Union and Guardian Royal Exchange saw their share prices dip after the worst UK floods in 50 years. CU&#39s share price closed down by 15p to 1265p, with GRE&#39s share price falling by7.75p to 432.25p on Tuesday. Estimates of the cost of the floods to the insurance industry range from £400m to £1.2bn.

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