news in brief

• Fidelity is waiving the 3.5% initial charge on its investment trust Isas in the run-up to the end ...

• Fidelity is waiving the 3.5% initial charge on its investment trust Isas in the run-up to the end of the tax year. Isa investors can now buy Fidelity's Special Values, European Values, Asian Values, Japanese Values and the Edinburgh Investment Trust for no initial charge, excluding the 0.5% stamp duty levy, until 5 April. Stephen Westwood joined the group as head of investment trusts earlier this month and aims to grow its market share in the sector. • Framlington chief executive Peter Chambers has resigned from the group with immediate effect. He joined from Gartmore in 2003, replacing ...