Cofunds adds fee-based option in response to RDR

clock •

Cofunds is to offer a fee-based option for advisers which it believes will give them more flexibility in adapting to RDR demands.

The platform is introducing new cash products in the first half of 2008 which will allow it to offer a fee-based remuneration structure for advisers. Cofunds says it is piloting the new cash products to a small number of advisers, and will launch to the wider market as soon as they are satisfied with the results. Currently the platform allows only a commission based approach; either trail, initial or switching. However, by offering all options (fees, commission and execution only), Cofunds says advisers will be able to choose how they manage clients. This will be a key development in...

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 Technology

Brian McLaughlin: Your client can now ask a chatbot what you did for the fee

Brian McLaughlin: Your client can now ask a chatbot what you did for the fee

'Here is the odd thing about ongoing advice. The better it is done, the less of it the client sees'

Brian McLaughlin
clock 11 November 2026 • 4 min read
Andrew Goodwin: Why advisers should react positively when clients praise AI

Andrew Goodwin: Why advisers should react positively when clients praise AI

We really need to do is explain why AI is neither all good nor all bad

Andrew Goodwin
clock 09 November 2026 • 5 min read
Utilities might be the next AI play for patient investors

Utilities might be the next AI play for patient investors

‘It’s less flashy than the tech sector’

Ian Aylward
clock 04 November 2026 • 3 min read