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Davis’s discounts

Invesco Perpetual has cut up front charges for all new Isa investments and Pep and Isa transfers from 5 per cent to 3 per cent. It is also offering a 1.75 per cent discount from 5 per cent to 3.25 per cent for new lumpsum investments and monthly savings plans made outside an Isa into five of its funds.

First State has cut the initial charge on its Greater China growth fund by 0.5 per to 4 per cent until April 5.

FundsNetwork is providing special offers on a selection of multi-manager funds from nine providers, including Gartmore, Jupiter and Credit Suisse until April 30.

JP Morgan Fleming Asset Management is offering a 2 per cent discount from 5.5 per cent to 3.5 per cent on investments of over 7,000 until April 5. It has also dropped the 1 per cent transaction charge on lump-sum investments into investment trust Isas until May 31. Minimum investment is 1,000.

Jupiter is offering enhanced commission of 1.25 per cent from 3 per cent to 4.25 per cent on its Merlin range of multi-manager funds until April 30.

Investec is offering an ongoing 0.5 per cent discount from 4.5 per cent to 4 per cent on its initial charge for transfers to its cautious managed fund and managed distribution fund.


SPML enhances its whole product range

Southern Pacific Mortgage Limited announces product enhancements across its entire product range. These include enhanced income multiples and higher lending values. Income multiples up to 75 per cent LTV on SPMLs Prime Product Range (Prime, Prime+, and Prime Buy to Let) and its Light Adverse schemes have been increased to 4 x +1 or 3.5 […]

Aifa presses for hard push towards professionalism

Speaking at the FSA retail intermediaries sector confer-ence in Solihull last week, Aifa director of policy Fay Goddard said any professional certification would be hard-earned and not necessarily for everyone but would raise an IFA to the status of an accountant or lawyer.


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