IFAonline is pleased to announce it has signed a deal with Cofunds, the fund supermarket, giving IFA...
IFAonline is pleased to announce it has signed a deal with Cofunds, the fund supermarket, giving IFAs the chance to switch products and apply for funds through IFAonline's new transactional capabilities.
From the end of July, intermediaries will be able to apply for a Cofunds Isa, switch between any of the 346 investment funds and 26 fund managers, top-up Isas, withdraw funds and change client details through IFAonline.
Greater transactional facilities and straight-through processing will be available later in the year.
Applications can be made online using a PDF download and Peps and Isas can be transferred through our website, which already carries detailed UK fund information from Trustnet, free comparative quotations through Synaptic's research, unlimited portfolios to monitor stocks and funds listed worldwide, as well as find out the latest news, analysis and events affecting the intermediary sector.
Jeska Harrington, IFAonline director says: "We chose Cofunds because - likeIFAonline.co.uk - they are an independent solution dedicated entirely to IFAs. In light of the potential Misys and Assureweb deal, offering an independent portal to IFAs becomes increasingly important."
Ruth Clarke, coo at Cofunds adds: "I am pleased to be participating in this exciting partnership which continues our commitment to the IFA sector. By linking Cofunds to IFAonline.co.uk IFAs now have a greater choice of access to our funds."
Fund management companies currently available on the Cofunds platform are: Aberdeen, Abn Amro, Artemis, Credit Suisse, Deutsche, Dresdner, Framlington, Gartmore, Henderson, HSBC, Invesco, Perpetual, Investec, JPMorgan Fleming, Jupiter, Legg Mason, M&G, Merrill Lynch, Newton, Norwich Union, Old Mutual, Royal & SunAlliance, Schroder, SGAM, Standard Life and Threadneedle.
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