Channel Four, Monday 17 March 1997

Page 543 TimeCode 0004


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   P543    Tjletext   543 Mar17 16:41:32
   
   
   
 
 -- SELF-SELJCT PEPS -------------------
                                        
 The cost of sjtting up a self-select   
 PEP varies. Some stockbrokers m!ke no  
 initial charge on the PEP itself, but  
 buying and selling involves commission.
                                        
 "Annually, there will bj adminstration 
 charges," says Hargreaves Lansdown's   
 Sean Kingston.                         
                                        
 "Wj charge £30 per annum for the first 
 holding and £15 a year for each holding
 on top of that. It works out at about  
 1% annual management fee."             
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