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Perpetual reassures investors on ISA transfers

Perpetual is reassuring investors that they will be able to switch their Pep savings into ISAs without having to sign new direct debits.


The fund manager says its IT system will allow the company&#39s 130,000 monthly savers contributions to be transferred within the ISA wrapper.


It will offer both mini and maxi ISAs with stocks and shares components.


It has decided not to Cat-mark its products because it believes clients should seek financial advice before investing.

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