Cofunds rolls out Pension Account wrapper

clock

Cofunds has launched its personal pension plan after completing its testing stage.

The Cofunds Pension Account, administered by Suffolk Life, will enable investors to upgrade to its MasterSipp product if necessary. Cofunds says the account's charging structure favours investors who use other areas of the platform, such as collectives or ISA wrappers, rather than just the pension plan. Sales and marketing director Alastair Conway says: "Advisers asked us to develop a simple wrapper that made the most of the benefits of an integrated platform - and that is what we have done. "They can apply online, it's managed online and is embedded into the heart of the online...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •

Police launch investigation into mortgage middleman fined £1m

West Midlands Police have launched a fraud investigation into a Birmingham financier over his role in sale and rent back agreements.

clock 25 June 2013 •