Abbey National unveils online funds supermarket

Get your lovely ISAs here

NEWS Abbey National is to launch an internet funds supermarket today. It will be the first high street bank to make such a move. The FundsCentre service aims to attract £250m of assets under management by next year, according to today's Financial Times. It will offer a range of around 280 funds from 24 fund managers, and is aimed at self-directed investors who want to buy such products as ISAs and unit trusts online.

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