Cofunds is launching its first offshore bond vehicle in conjunction with Canada Life International (...
Cofunds is launching its first offshore bond vehicle in conjunction with Canada Life International (CLI), on the back of intermediary demand. The CLI Portfolio Account will be available from November providing investors with access to all of the funds on the platform, the benefits of a tax efficient portfolio bond and varied commission structures. In a move that is in response to the Retail Distribution Review, IFAs can choose between initial commission or a funded commission option where the cost is spread over five years. The portfolio also allows advisers to take fund level trail comm...
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