Cofunds is teaming up with Suffolk Life to launch a personal pension plan on the platform in Q1.
The wrapper is currently in its testing stage with Suffolk Life providing the pension structure and regulatory functions. Its charging structure will favour investors who use other areas of the Cofunds platform, such as collectives or ISA wrappers for example, rather than just the pension plan. This fits with Cofunds' strategy to become a platform for financial planners who are offering a holistic solution for clients. Alastair Conway, Cofunds marketing and proposition director, says: "This is a statement of intent as we want to reward people who invest across the platform and not pen...
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