SLI to increase initial charges on fund range

equity and bonds

Standard Life Investments (SLI) is to raise the initial charges on the majority of its equity and bo...

Standard Life Investments (SLI) is to raise the initial charges on the majority of its equity and bond funds from 1 January, at the same time increasing IFA commissions. On its bond funds Select Income, Corporate Bond, Higher Income and Global Index Linked, the initial charge will move from 3% up to 4%. Annual management fees on the fund will stay the same at 0.95%. Intermediary commission on these portfolios will move from 3% initial up to 3.5% but only on purchases either direct or via Standard Life's Sigma platform. Renewal commission remains the same at 0.25%. Charges on UK Gilt and ...