Cofunds sales and marketing director Alastair Conway is leaving the platform after five years.
HM Revenue and Customs (HMRC) is considering taxing fund rebates paid by platforms to consumers in the latest crackdown on the payments.
Some of the UK's major platforms are considering writing to the Financial Services Authority (FSA) to complain about Cofunds, arguing the largest fund platform in the country is prohibiting easy re-registration.
Capita Financial Software has entered the increasingly competitive risk-profiling market with the launch of its Synaptic Modeller tool.
Alliance Trust Savings (ATS) has boosted its intermediary sales team from one to eight members as part of a push into the advised market.
Wrap and pension provider James Hay has launched additional options on its low-cost self-invested personal pension (SIPP) aimed at mass market clients.
Cofunds has extended its lead as the UK's largest platform, with assets rising to £45bn, according to the Platforum's latest pricing guide.