
Firm offers online advice for £49 annual fee

A website offering generic financial advice to consumers for an annual fee of £49 has been launched.
Investment-Advice-Online.com has been launched by Chichester-based CPN Investment Management and offers "top-level" advice and information on ISAs, pensions and investments "at austerity prices".
Subscribers can access "simple, straightforward and clear" information on products as well as research and forecasts from the firm's financial advisers.
CPN says consumers can also use the site to check their own advisers "are working properly".
A personalised financial planning report is also available at £350.
Charlie Nicholls, managing partner, says: "There is not enough support for those who are not familiar with the complicated and baffling terms used by the industry but are keen to invest for their or their family's future.
"The purpose of Investment Advice Online is to demystify investments, pensions and savings for the ordinary man or woman on the street, providing them with the tools they need to make informed decisions.
"Often the traditional financial advice model can be costly but Investment Advice Online gives subscribers a quality of information and advice at the click of a mouse that would normally cost a great deal more from traditional advisers for just one annual fee."
Advisers from CPN Investment Management and its appointed representative business, Agora, will contribute to the website.
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