Save & Prosper cuts PEP charges

Save & Prosper is dropping up- front charges for investments of pounds 4,000 or more in its Managed Portfolio PEP until 4 February.

It is also offering a 2 per cent discount on its 14 PEP-qualifying unit trusts, giving an extra pounds 120 on a pounds 6,000 investment. Annual charges stand at 1.25 per cent. Call 0800 282101 for more details.