Widespread discounts as Isa season kicks off

sales

several groups are offering discounts on key funds in bid to win isa season business

With the Isa season getting under way, several fund management groups and platforms are offering discounts and commission enhancements on a variety of funds. Until the end of June, Credit Suisse is offering a 1% initial charge reduction on lump sum investments of £1,000 or more into 17 of its funds, moving the fee from 5.25% to 4.25%. Via Cofunds and FundsNetwork, Credit Suisse is also discounting Isa, Pep and unit trust investments into its multi-manager portfolios. The entry fee for these portfolios is normally set at 4% but until 30 April it has been reduced to 3%. Further multi-manag...