London & Colonial partners with Cofunds

Nicola Brittain
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London & Colonial's multi-platform self invested personal pension (SIPP) and multi-platform open annuity have been made available via the Cofunds platform.

The move marks a change in direction for London & Colonial which sees it catering for a more mainstream market, driven by an increased demand for such products from clients and financial advisers. Traditionally, the group has aimed at higher net worth clients. Sales and marketing director at Cofunds, Alastair Conway, said: "In the current climate platforms should be working to help intermediaries in a number of ways, one of the most important being to help them demonstrate their value to end investors. An integral element of that is responding to changing retirement planning needs. ...

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