You are here: AdviserArchive: April 2016

Archive: April 2016

This page is for Professional Financial Advisers only Latest from Cofunds - week commencing 4 April 2016
Improvements to our TOC/TER Comparison Calculator

Improvements to our TOC/TER Comparison Calculator

You can now calculate a blended OCF and Growth Rate based on the fund selected, which can be used for your client's CPA illustration.

Find out more here

Working together to keep your clients safe

Working together to keep your clients safe

With online fraud on the increase within the industry, discover how you can help keep your clients secure.

Discover how to prevent online fraud here

Flexible ISA withdrawals

Flexible ISA withdrawals

Our ISA doesn't currently offer 'Flexible ISA' withdrawals, although we will keep this under review. Please speak to your Cofunds Account Manager if you have any feedback.

Corporate actions

Corporate actions

View details of recent and upcoming corporate actions

View the latest corporate actions here

Improvements to our TOC/TER Comparison Calculator

Our Total Ongoing Charges & Total Expense Ratio comparison calculators have been renamed to OCF and Growth Rate Comparison Calculator.

And this tool, which is available within the illustrations section of the website, have been improved to also display the fund's growth rate based on its Investment Association (IA) sector.

The tool then calculates a blended Ongoing Charges Figure (OCF) and Growth Rate based on the funds selected. The Growth Rate figures displayed will change depending on whether the product is wrapped or unwrapped.

This new functionality will help if you use the Cofunds Pension Account, as both the blended OCF and Growth Rate calculated can now be entered into the Cofunds Pension Account illustration.

Working together to keep your clients safe

The number of fraudulent online instructions made across the industry is on the increase due to email hacking.

We take security very seriously and we're always on the lookout to detect fraud attempts.

And it's important that you also remain vigilant, so here are some simple tips to help you prevent online fraud:

  • Ensure all email instructions have come from a legitimate source or person
  • Validate bank account details using original documentation only
  • Ensure that your client's due diligence documentation you maintain on file is up to date
  • Never respond to emails asking you to 'remind them' of their client information
  • Use your knowledge of your clients to identify transactions which seem out of character
  • Ensure your anti-virus software and firewall is up to date, and encourage your clients to do the same.
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