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Funds getonlineservice

Cogent, AMP&#39s international investment operations business, is offering a new e-commerce service for its UK retail fund management clients.

It enables investors and IFAs to access information about Peps and Isas online including valuations, changing direct debits, updating personal details and making transactions online.

The service is designedto fit within Cogent&#39s clients&#39 websites and can be adapted to look like the host site.

Cogent&#39s clients include fund management groups, insurance companies and investment banks.

Managing director Tony Solway says: “E-commerce provides tremendous opportunities for retail investment groups to improve communications with IFAs and investors. This accelerates our clients&#39 capabilities.”

Cogent will be piloting the system over the summer and plans to roll out the service across its client base fromSeptember.


Banks set to steala stake march

Barclays Bank is to send its 2,000 small business advisers into battle with IFAs over stakeholder pensions.The move by Barclays comes as Andersen Consulting warns that the clearing banks, especially Barclays and NatWest, are the best-placed companies to challenge IFAs in providing stakeholder because many small businesses must provide access to plans.There are nearly 20,000 […]

Paragon launches equity release mortgages

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Rothschild Biotech fund faces shareholder revolt

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Canada Life&#39s innovation pushes back annuity age

IFAs are hailing Canada Life&#39s annuity growth account for pushing back the compulsory purchase annuity age to 85.The company describes the product as its most important launch. It revealed it has done a deal with the Inland Revenue to allow deferral of annuity purchase until 85 instead of the usual 75.The annuity growth account basically […]

Partied out and penniless

December has left me destitute. My piggy bank lies broken and empty, my lunchtime meal deal feels like an extravagant expense and I’m down to the Bountys in my box of Celebrations. But I won’t mourn my dearly departed pennies. Between buying gifts for loved ones (then deciding to keep them for myself) to treating […]


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