You are here: AdviserArchive: April 2011

Archive: April 2011

This page is for Professional Financial Advisers only Latest from Cofunds - week commencing 4 April 2011

Implications of the Budget

Last Thursday Tony Wickenden and John Woolley from Technical Connection, delivered a live technical review of the Budget. Find everything you need at our Technical hub.

Last minute ISA applications

Don’t forget we have collection points across the country tomorrow so you can submit those last minute ISA applications. You can find your nearest collection point here.


Pension drawdown

From April, there are a number of changes to pension legislation coming into play, particularly around pension drawdown. For the latest on:

  • Unsecure income being replaced by Capped drawdown
  • ASP being abolished
  • No longer a specific date from which people need to annuitise
  • Drawdown can continue after age 75
  • Introduction of flexible drawdown
  • New GAD tables introduced from 06.04.11.

Visit the Technical hub.


Cofunds Pension Account maintenance - Tuesday 5 April

We’re updating the Cofunds Pension Account to reflect the new pension legislation changes being implemented for the new tax year. As a result, the illustrate and apply web pages will not be available from 5.30pm to 6.30pm on Tuesday 5 April.


Alliance & Leicester sort codes

As you may recall, Alliance & Leicester was taken over by Santander last year. This has meant that all A&L sort codes (72-##-##) have been replaced with new sort codes (09-##-##). Unfortunately, we can no longer accept any instructions detailing the old sort codes - so please make sure that you ask your clients for their new Santander sort codes. Between these times you won’t be able to get CPA illustrations or submit online CPA applications. Please make sure that all applications you wish to be completed before the end of the current tax year have been submitted before 5.30pm on 5 April 2011.


Investment Life & Pensions Moneyfacts Awards

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  • Best Platform/Wrap
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  • Service Beyond the Call of Duty Award.

Corporate actions

View details of recent and upcoming corporate actions
Perspectives