FundsNetwork offers free online SIPP and bond switches

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Fidelity FundsNetwork has launched a new online switching service for its SIPP and bond clients, as well as a Morningstar X-Ray service upgrade.

It says the developments are part of ongoing platform enhancements to its portfolio management service. FundsNetwork says it is one of the few life and pension providers to offer online switching for its onshore and international bond and SIPP, at no extra cost. “Providing free online switching in the SIPP, onshore and international bond cuts out paper work, reduces errors and generally just makes the whole process much quicker,” Fidelity FundsNetwork sales and marketing head Rob Fisher says. “All three wrappers are proving to be highly popular and many advisers will find this new enhanc...

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