F&C Investments has introduced a £25 plus VAT annual charge on its Child Trust Fund, which will come into effect from 6 April.
Previously, F&C had no initial or annual management charges for its shares Child Trust Fund plan. In a letter to clients, F&C said the charge has been put in place to cover administration costs. "Introducing...
Zero-tolerance approach to ailing companies
There are some long-standing practices in the asset management industry which are clearly ripe for review. However, removing past performance data from key funds documents appears a dangerous step and one likely to create worse outcomes for consumers.
"Sluggish" Modi faces continued criticism
Trades on rplan.co.uk platform up 175% in days after vote
Blue chips up 3% as PM Cameron heads to Brussels