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CLI launches first offshore bond on Cofunds platform

Canada Life International has launched the first offshore bond on the Cofunds platform, available from November 1.

Canada Life International says the CLI portfolio account is tax efficient, offers a convenient portfolio management system that consolidates clients’ holdings and statements online and a competitive charging structure offering initial and funded commission.

CLI managing director Tony Parry says: “Offshore bonds are becoming increasingly popular with a wider range of investors. The inclusion of our portfolio account on Cofunds will ensure our wealth management solutions are available via an extremely well supported platform provider.”


Platform for good advice

The Financial Technology Research Centre’s Adviser Forum has set up a discussion group comprising advisers, Aifa, the IMA and platforms with the aim of creating good practice notes for advisers using risk profiling and asset allocation tools.Adviser Forum chairman Ian McKenna says the FSA’s paper DP 07/02 on platforms and fund supermarkets raised concerns that […]

Mortgage lending fell by 6 per cent in August

Gross mortage lending by banks, building societies and specialist lenders fell by 6 per cent in August compared with July, according to the Council of Mortgage Lenders.Lending has fallen from £34.1bn in July to an estimated £32.2bn in August. The CML says these figures relate to a period when the current wholesale funding pressures in […]

Pension savings-2015

Pension tax relief: parked (for the moment)

The national news agenda has been dominated by pension issues this month. For those that missed it (and there cannot have been many given that this was the lead story in spoken and written media), the Chancellor announced a decision to make no decision on pension tax relief in his 16 March 2016 Budget speech. To […]


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