Cofunds fee-based adviser services set for roll-out

clock •

Cofunds says it expects to introduce a string of new services for fee-based advisers within three months.

They include a cash account for every client, which will be used to collect all income or capital realisation payments, and a new menu of remuneration options. The fund supermarket says the roll-out follows a successful pilot of the services, adding the move is further proof of the firm’s all-types-of-adviser strategy. Cofunds says the cash account will be linked to the client’s usual bank or building society account. It says cash will be deposited by the client electronically or via cheque into the account and from itsettlement will be made for investments into any fund or tax-wrap a...

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 Investment

Why managing retirement risk matters more than predicting markets

Why managing retirement risk matters more than predicting markets

'Helping clients understand, prepare for and navigate uncertainty'

Andy Brown
clock 12 November 2026 • 4 min read
Solving private markets risks 'almost mission impossible'

Solving private markets risks 'almost mission impossible'

Julius Baer’s Cyril Demaria-Bengochea speaks to Professional Adviser

Sophia Panayi
clock 12 November 2026 • 3 min read
Anthropic bankers preparing to increase IPO valuation to $1.5trn – reports

Anthropic bankers preparing to increase IPO valuation to $1.5trn – reports

Draft prospectus filed on Tuesday

Jack Roach
clock 11 November 2026 • 2 min read