Cofunds sales jumped nearly 20% in 2009, with assets under administration (AUA) soaring more than 55%.
The platform finished a record year with £4.7bn in net sales, an increase of 19% from 2008, and £22.7bn AUA.
September was the stand-out month, with AUA breaking the £20bn mark and net sales peaking with £749m of inflows.
The bumper sales figures came during a year when Cofunds was involved in controversy over new pricing terms with fund houses.
Cofunds inked agreements with its smaller groups in January, which saw all 60 agree to a flat rate increase of five basis points. At the tail-end of 2009, it signed new terms with 20 of its top 30 fund houses and said deals with the remaining 10 were imminent.
"2009 was an important year for Cofunds," says chief executive officer Brett Williams. "It saw us complete a thorough strategic review and I've now completed changes to my management team which firmly positions the business with the right team and a clear focus to secure our position as the leading financial planning platform in the market."
Last year also saw the platform launch a panel of researched funds and model portfolios, with funds being selected by OBSR.
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