UBS announces 1% Isa discount

UBS Global Asset Management is offering a 1% discount off the current 4% initial charge for Isa investments in its retail range of funds.

The offer, which applies to the group’s range of 12 British retail Oeics, runs until April 6.

It will be offered on lump sum investments, subject to a minimum £1,000 investment, made inside an Isa wrapper.