Network to launch International Bond

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

Fidelity FundsNetwork is continuing its push into the life and pensions market with the April launch of an offshore investment bond. 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 fee, the group added. The April launch will add to the onsh...

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