Scot Widows alters fees on three Isa funds

Scottish Widows is altering the charging structure on three of its Isa funds ' Corporate Bond, High ...

Scottish Widows is altering the charging structure on three of its Isa funds ' Corporate Bond, High Income Bond and Safety Plus. The group is removing exit fees on Corporate Bond and High Income Bond as well as introducing a 3.5% initial charge. The changes only apply to new investors and existing investors will continue to be liable for exit fees. On Corporate Bond, the exit fees are 3% in year one, 2% in year two, 1.5% in year three and 1% in year four. On High Income Bond, the exit fees are 4.5% in year one, 4% in year two, 3% in year three, 2% in year four and 1% in year five. ...