Baillie Gifford removes initial charge on IT Isa

Baillie Gifford is ramping its investment trust marketing effort with a discount on its investment t...

Baillie Gifford is ramping its investment trust marketing effort with a discount on its investment trust Isa and plans to push its trusts for inclusion in pension wrappers. The £30 initial charge on its investment trust Isa has been removed following a recent review of the firm's investment trust marketing focused on boosting the retail appeal of Baillie Gifford's six trust offerings. Other strategies include the recent launch of a children's saving plan. Head of UK retail Chris Fletcher said Baillie Gifford was looking at ways to promote the use of its trusts in pensions wrappers. '...