Cofunds to create AWD platform

The platform will be created initially as a joint venture, but is intended to move to full AWD control. AWD hopes the Cofunds link-up will provide “significant enhancement” to its advisory proposition, in a bid to build the UK’s largest independent advice brand. Cofunds managing director Andy Creak says: "We have always said that IFAs need to embrace the platform fully to extract the greatest benefits and make it an integral part of the business model rather than a useful bolt-on.” “I am delighted that after a searching examination, AWD has decided that Cofunds should be its business ...