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FNW adds free online switching

Fidelity FundsNetwork has added an online switching service for the FundsNetwork Sipp, onshore bond and international bond clients.

Advisers will also be able to take advantage of an upgraded Morningstar X-Ray service.
Switches can be made between funds and to the online cash account at no extra cost.

As switches are processed straight through, there is no longer any need for a wet signature, which means it cuts out paper work, reduced errors and processes switches more quickly.
Head of sales & marketing Rob Fisher says: “We are continually looking to improve the various services and wrappers we offer. Providing free online switching in the Sipp, onshore and international bond cuts out paper work, reduces errors and generally just makes the whole process much quicker. 

“All three wrappers are proving to be highly popular and many advisers will find this new enhancement makes a real difference to day to day management of them.”


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