The launch of Cofunds, the IFA supermarket started up by Threadneedle, M&G, Jupiter and Gartmore, ha...
The launch of Cofunds, the IFA supermarket started up by Threadneedle, M&G, Jupiter and Gartmore, has been pushed back to the New Year and the system will not be fully electronic for the Isa season, writes Kira Nickerson.
The group had originally told Investment Week it hoped to launch in late November. Rodney Aldridge, head of sales at Cofunds, said the late November launch date was a misinterpretation and the plan had always been for the group to launch for the New Year.
He said: "We will be ready for the Isa season and the vast majority of it will be paper based. Intermediaries will be able to access application forms either physically or via our website."
The applications will then have to be mailed to the group in order to hit the 5 April Isa deadline.
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