Cofunds strikes CGT deal with Præmium

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INVESTMENT platform Cofunds has struck a deal with Præmium that will see the portfolio administration service provider deliver CGT analysis and management tools to Cofunds' users.

Prompted by the release of the Pre-Budget Report, which declared its intention to make wholesale changes to the taxation of capital gains, Cofunds signed the agreement in recognition of Præmium's ability to react quickly in a complex and changing environment. Managing director of Præmium in the UK, Pete Burtonshaw, commented: "The opportunity to partner with Cofunds in the development of our services is an exciting avenue for Præmium's expansion into the UK marketplace. "As the leading independent platform in the UK, Cofunds has consistently demonstrated the value it adds to its fund ma...

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