Cofunds links with Barclays in stock trading venture

clock

Cofunds has appointed Barclays Stockbrokers as exclusive provider of its new stock trading service.

The Cofunds Stock Trading Service, currently being piloted with ten accounts, provides advisers with online access to Barclays Stockbrokers via the Cofunds website. Under the tie-up, advisers will be able to access multiple asset classes such as stocks, bonds, ETFs and investment trusts and trade these on behalf of clients. The service allows advisers to transfer money from the Cofunds cash account to Barclays Stockbrokers and vice versa. Money can also be transferred directly by the client via bank transfer, debit card or direct debit. "When we launched our RDR roadmap in Septembe...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Wrap/platforms

M&G sues Royal London for £27m over client access to 'inappropriately risky investments'- reports

M&G sues Royal London for £27m over client access to 'inappropriately risky investments'- reports

Over Ascentric purchase

Linus Uhlig
clock 23 December 2024 • 2 min read
Platform due diligence: A comprehensive approach

Platform due diligence: A comprehensive approach

Due diligence is more than best practice it is ‘fundamental'

Stephen Ford
clock 18 November 2024 • 4 min read
Adviser platform net sales hit £3.1bn despite spike in lump sum withdrawals

Adviser platform net sales hit £3.1bn despite spike in lump sum withdrawals

Assets rose to £683bn in best third quarter in three years

Isabel Baxter
clock 15 November 2024 • 4 min read