View more on these topics

No load on T Bailey best ideas

T Bailey is waiving the initial charge on its forthcoming UK best ideas fund until the end of the year.

The fund can be bought at no load if the adviser rebates up-front commission to their clients and trail commission of 0.75 per cent is available.

UK best ideas, which launches on October 1, is mirroring the approach taken by Skandia in a multi-manager version. The portfolio will hold 10 equally weighted positions and aim to outperform the FTSE Allshare over rolling three year periods and be in the top quartile in the UK all companies sector.

Jason Britton will manage the fund alongside chief investment officer Richard Martin.

Britton says: “We are expecting strong support for the fund when it comes out in just a few weeks. This offer is our way of supporting IFAs and their clients, making it an even more attractive investment proposition.

“We are confident in our abilities and will be disappointed not to achieve the objectives comfortably.”

Minimum investment is £1,000 or £50 a month and annual management charge is 1.5 per cent.


Thoresen Review to pilot generic advice from September 17

HM Treasury’s Thoresen Review has announced a series of generic financial advice consumer pilots to be held in the North West, London, Staffordshire and South Yorkshire from September 17.The pilots will aim to provide non-regulated advice or guidance on a range of areas, including tax and benefits, saving and planning for retirement as well as […]

The conflict conundrum

Financial advice Jan Regnart, chief executive and David Baker, legal director, of wealth management company Wealthtime ask whether IFAs can ever really justify recommending Sipp and wrap firms in which they have a financial interest


News and expert analysis straight to your inbox

Sign up


    Leave a comment