Abbey National has become the first high-street bank to set up a funds supermarket. It will be caled FundsCentre and will offer 280 funds.
Abbey says the move is part of its strategy to boost its wealth management business.
Abbey National director of retail e-commerce Ambrose McGinn, says: “Abbey National is taking the complication out of investing by providing an easy access, flexible service through a trusted brand name. FundsCentre offers access to impartial information and an extensive selection of market-leading funds.”