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In response to an FSA consultation paper on the post-RDR treatment of legacy assets, Cofunds’ managing director of operational services, Stephen Mohan, fears the regulator’s failure to issue new rules may harm consumers.
Brett Williams, the former head of platforms Cofunds and Skandia, has launched a private equity firm with targets including financial services groups.
Cofunds has appointed Barclays Stockbrokers as exclusive provider of its new stock trading service.
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As supermarkets and wraps engage in ideological warfare ahead of what promises to be a challenging year, Ascentric issues a plea for unity…
Advisers have given a cautious welcome to a new tool claiming to reveal and compare the amount of commission consumers are currently paying through their investments.
Bond funds enjoyed a surge in popularity among execution-only clients in the final quarter of last year, according to platform Cofunds' latest sales figures.
Platform FundsNetwork is developing functionality to allow advisers to declare whether or not their post-RDR activities constitute “advice” in a bid to clear up ambiguities surrounding legacy commission.
Strategic bond sales soared in December as equity funds suffered a poor end to the year, according to the latest figures from platform Cofunds.
Ascentric chief Hugo Thorman has called on the platform community to adopt a “unified voice” amid an escalating row between fund supermarket and wrap propositions.
The platform market has undergone permanent change this year. Regulation and, more specifically, charging rules helped carve out a new platform landscape.
Next year will be a decisive year for fund supermarkets as they look to make the “huge transition” to the unbundled world, say wrap platforms.
Vestra Wealth has appointed Cofunds as its fund custodian in a deal which will see the wealth management partnership entrust over £600m in assets.
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