Wrap Premier League

 

----- Original Message -----

From: Robin

To: daniel.grote@citywire.co.uk

Sent: Monday, November 17, 2008 3:19 PM

Subject: Wrap Premier League

Hi Daniel

 

I was interested to read your piece on page 24 of the 17 November edition of New Model Adviser.

 

Looking down the Key Players on the right I wonder if you have left out the equivalent to Hull City.

 

This wrap provider focuses on delivering performance that puts their fans (clients) first and represents great value for money. Not only do clients benefit from a rebate of the standard 0.50% fund trail commissions, but often an additional 0.25% rebate in respect of the extra margin some other wrap providers hold onto.

  

The service can be used to invest through a SIPP, ISA or make direct holdings.

 

What is more, it can also invest in investment trusts, individual direct equities, fixed interest and Exchange Traded Funds.

 

In short, it is close to everything an informed customer might want.

 

However the lack of initial or trail commissions means that most IFAs will not want it, the only exception probably being fee based IFAs working on an hourly rate.   

 

The provider of this service is of course Alliance Trust.

 

Kind regards

 

Robin Keyte

 

 

Cofunds re-reg charges

 

----- Original Message -----

From: Robin

To: john.lappin@centaur.co.uk

Sent: Friday, November 14, 2008 2:19 PM

Subject: Cofunds re-reg charges

I was interested to read Chris Salih's piece on the back of the 13 November edition of Money Marketing on the action Cofunds are taking to stop paying a £25 re-registration fee to fund providers for re-registrations into Cofunds.

 

I could understand that Cofunds would be reluctant to allow re-registrations of holdings out of their care if at first, they had to pay £25 to a number of fund providers to originally get the funds.

 

I can only assume this course of action will lead to Cofunds allowing re-registrations out, as well as in, and hope that other platforms will follow suit.

 

Or am I being hopelessly optimistic? 

 

Robin Keyte