First Active has made arrangements with Davy Stockbrokers to operate a sharedealing service for members, which will allow them to buy and sell their shares at special low rates of commission.

Until December 31st next, investors using the First Active Share Dealing Service will be charged a flat fee of £5 on transactions of up to £2,000. Where the value of shares bought or sold rises to up to £4,000, a flat fee of £10 will be charged while those up to £5,000 incur a fee of £15. In excess of £5,000, investors will be charged 0.5 of 1 per cent of the value of the transaction. The service, which can be accessed by post, does not require a minimum dealing amount.