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Transferring exisiting investments to Cofunds

Just bought an M&G ISA through Chelsea Financial services on the Cofunds platform. They are quite keen to get me to transfer my existing S&S ISAs to Cofunds as well.

These investments were nearly all bought through Chelsea anyway, but held direct with the fund providers (Fidelity, JPMorgan, InvescoPerp).

What are the pros and cons?

Comments

  • dunstonh
    dunstonh Posts: 120,751 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    What are the pros and cons?

    Depends on what you are after? To be honest, I find myself moving more away from Cofunds nowadays. However, for smaller investors they still offer something.

    On the whole, the bundled platforms are much the same. So, you may as well just look at the charges.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
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