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Cofunds hits 5bn marks

Cofunds has passed the 5bn mark in assets under administration, representing a 40 per cent increase in assets on the platform in the first 8 months of the year. The platform started 2005 with 3.5bn and its life and pensions tie-up with Legal & General is set to go live towards the end of the year.

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On the run

Ascentric managing director Hugo Thorman will also be running in this year’s New York Marathon. He will be raising money for Great Ormond Street Hospital and will be combining training with work on the relaunch of the Funds Direct platform. To sponsor him visit: www.justgiving.com/ hugothorman.

Bolton Wanderers

Fidelity has given investors and advisers returning from their summer holidays a lot to think about by announcing it is to split Anthony Bolton’s giant special situations fund next year.

Thinc Destini enters into Hips deal

Thinc Destini launches into a new home information pack deal with mysalepack.com.The process is web based allowing sellers to complete a Hip online and offers an interest free “buy now, pay later” option.Thinc Destini has teamed up with mysalepack.com in order for its sales force to have the opportunity to link up and develop relationships […]

The not so somple truth on planning

As a head of inheritance tax planning, I assume Peter Legg to be someone deeply immersed in the subject of IHT planning by the use of trusts so I will try to be circumspect in my comments on his letter in Money Marketing last week headlined, Trusts are the perfect solution. It seems to me […]

When is £1m not £1m?

Neil Jones is technical support manager with Canada Life’s ican Technical Services Team. Canada Life offers a range of wealth management solutions, including retirement income planning, estate planning and investment solutions from a choice of jurisdictions, including the UK, Isle of Man and Republic of Ireland. The residential nil-rate band (RNRB) was first announced in […]

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