Personal Finance: Loose Change

CHARTWELL INVESTMENT Management is offering to split its 0.5 per cent renewal commission for PEP investors who transfer their funds from another independent financial adviser or discount broker. The deal means that an investor with a PEP portfolio of pounds 50,000, who would normally pay up to pounds 250 in renewal commission each year, could instead receive a cheque for pounds 125. Call 01225 321700.

FOLGATE INSURANCE is cutting the cost of travel insurance for disabled people. Rates on annual travel policies for families, for example, are now pounds 173.10 a year, almost half the previous amount.