CrestCo set to pay £7.5m rebate

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SCHEMES are set to receive rebates of £7.5m following a decision by CrestCo to reduce fees paid in 2006 by around 10pc.

The UK settlements house – which is used by most UK schemes and their delegates – said that the rebate would be paid in a lump sum to each client in early 2007, based on the transactional fees it p...

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