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Family Assuraance launches commission paying Isa


Family Assurance has launched a Cat standard Isa that pays IFA commission.


The Family Equity Isa, which has an annual management charge of 1 per cent, offers trail commission at 0.25 per cent.


The Isa will invest in the Family balanced unit trust, 50 per cent of which is invested in European Union stocks and shares.


The minimum investment is £50 a month or £500 for lump sums. It is available on a mini and maxi basis.

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