You are here: AdviserArchive: October 2010

Archive: October 2010

This page is for Professional Financial Advisers only Latest from Cofunds - week commencing 18 October 2010

Help is at hand getting the most out of the website

Last week we made some enhancements to the website, enabling you to use panels and portfolios more easily and efficiently.  If you have any questions, would like more information or would like to see a demonstration of how to use the new functionality, you can visit the ‘How do I?’ section of the website. Your account manager will also be happy to help.

More improvements to the Cofunds Pension Account

Following your feedback, we’ve made it even easier for you to apply for the CPA. We have introduced a standalone Client Declaration which means you don’t need to get the main application signed by the client. You will still need to produce and submit the online application and send it in to Cofunds with the Client Declaration and other supporting documentation, such as discharge forms and cheques.

Typically, your process might now look like this:

  • Initial client fact find
  • Client visit with recommendations, illustrations. Fill out the Data Capture Form and ask client to sign the Client Declaration
  • Completion of the online application form, submit and generate pdf
  • Send in the application form with the Client Declaration and supporting documentation to Cofunds.

Please note that you don’t have to use the client declaration. If you are happy with the current process, you can continue to get the pdf applications signed and submitted.

Unsecure Income (UI) cases

This new process only applies to pre-retirement business and not to unsecure income cases.

Delivering the best after-tax return

We’ve teamed up with Technical Connection to bring you a tool to help you to decide which tax wrapper could deliver the best after-tax return based on your client’s individual circumstances.

The tool provides indicative results that assume charge neutrality and focus on the tax differences of UK and offshore bonds, offshore (reporting) funds and UK collectives.  Of course, there are many issues other than tax to consider in making the most appropriate choice of tax wrapper.  Reminders of these non-tax factors can be found in the notes embedded into the tool. Try out the new tool.

Our blog is live and ready for your contribution!

We’ve recently put our new blog live to act as another, easy to access, easy to read portal for you to find out what you need to know. We’ll be offering helpful tips, information and articles that will cover a range of topical industry issues.  You can comment on our posts and join in the conversation. Do take a look as we build up the content and let us know what else you would find useful. Visit our blog.

What are the big investment opportunities for 2011?

Come along to our conference at the Forest of Arden Hotel near Birmingham this November to hear useful insight and ideas for your client investment strategies  from six top fund managers, plus Fay Goddard of the PFS and industry commentator Brian Tora share the latest thinking on the implications for advisers of the RDR.

Updated online dealing cut off times

We have taken the opportunity to bring all our online dealing cut off points in line. This means that, with effect from 11 October 2010, all cut off points for online submissions are now on the hour.

With effect from 11 October 2010:

The 09:15 dealing cut off will move to 09:00

The 11:00 dealing cut off remains at 11:00

The 13:15 dealing cut off will move to 13:00

The 15:15 dealing cut off will move to 15:00

Corporate actions

View details of recent and upcoming corporate actions