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Friday 21 August 1992 23:02 BST

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TOUCHE Remnant claims to have launched the first chargeless personal equity plan. As manager of the new Pep invested in the TR Smaller Companies Investment Trust, launched today, Touche Remnant says there will be no initial charges, management fees, dealing or withdrawal charges or stamp duty. But the trust will be paying the Touche Remnant Pep managers an administration fee to fund the scheme.

Details from Touche Remnant on 071-634 0188.

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