FundsNetwork, SLI to launch offshore bond

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Fidelity FundsNetwork is continuing its push into the life and pensions market with the launch of an...

Fidelity FundsNetwork is continuing its push into the life and pensions market with the launch of an offshore investment bond in April. Launched in partnership with Standard Life International, the tax-efficient wrapper, which the platform has dubbed its International Bond, will give advisers access to more than 1,000 mutual funds from 55 providers. Fidelity said the bond will offer a transparent charging structure, with no initial charge on any of the mutual funds on the platform. Switching funds within the bond will also incur no switching fee, the group added. The April launch will...

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