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Fidelity cuts Pep transfer fee

Fidelity is waiving its 3.25 per cent transfer fee on all switches from its single company Peps into any of its Pep-qualifying investment funds.

The move follows changes in the Pep legislation, introduced at the start of the new tax year, which permit investors to switch from single to general company Peps for the first time. IFAs will be offered trail commission of 0.5 per cent.

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The Government’ flagship pension project has finally been launched after a lengthy and controversial development process. The introduction of price capping amounts to arguably the biggest intervention in the free market of this Government’ administration and the price-capping features will doubtless be noted by other professions across the economy. The launch comes just as IFAs […]

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BBN loses its second chief exec in two months

Embattled national IFA Berry Birch & Noble has lost its second chief executive in a matter of months after Derek McLaughlan stepped down this week. McLaughlan had been chief executive for less than two months. Berkeley Independent chairman Cliff Lockyer will step in as acting chief executive. The news comes as the IFA&#39s holding company, […]

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White paper — In Focus: Ebola Virus Disease

Jelf Employee Benefits focuses on Ebola Virus Disease (EVD) and what this means for businesses with operations in West Africa. This will be of particular interest to those with employees either travelling to, or living within, West Africa, the area affected by the most catastrophic outbreak of Ebola to date.

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