Fidelity FundsNetwork and Cofunds have announce full details of their Isa drop-off points across the UK. Advisers will be able to drop off Isa and Sipp applications for both platforms at a total of 13 of these collection points, as well as office locations dedicated solely to drop offs for either FundsNetwork or Cofunds.
The collection points have been set up in an attempt to make the last minute rush of Isa investment more manageable for advisers, making life easier for them as the end of tax year approaches.
FundsNetwork head of sales and marketing Rob Fisher says: ”With the majority of advisers writing their Isa business through one or more platforms, it made sense for the UK’s two largest platforms to offer joint Isa drop-off points for advisers this year. We hope that by working with Cofunds, and providing advisers with these joint different drop-off points, we are making life more convenient for advisers this Isa season. This year, for the first time, we will also be accepting Sipp applications at the collection points.”
Cofunds director of strategic development Anthony Wolfe, said: “Our business is about making things easier and cheaper for the intermediaries and this is another example. It makes life simpler for advisers if they only have to go to one destination to deliver applications rather than several.”
Drop-off points are in most major cities across the UK, including Manchester, Belfast, Cardiff and Edinburgh. There will also be drop-off points at both Fidelity’s and Cofund’s offices for advisers in London.