Cofunds' maiden offshore bond provided by Canada Life

The CLI Portfolio Account will be available from November and offers a number of benefits, including a tax efficient structure, simplicity, clarity, scalability and enhanced flexibility on fund selection. It has a competitive ongoing charging structure, with two commission options: an initial commission and a funded commission spread over five years. Tony Parry, managing director, Canada Life International, said: “Canada Life is delighted that Cofunds recognises our position as a major provider in the offshore arena. “We are currently celebrating 20 years in the market and are e...