Cofunds on verge of completing new terms with fund houses

On the back of Threadneedle agreeing terms this week, Cofunds marketing and proposition director Alastair Conway says the platform is on the verge of striking deals with the remaining ten large groups. Agreements have already been inked with 20 of its top 30 fund houses, says Conway, and deals with the final ten are imminent. "We have made substantial progress in this process and are in the final stages of completing new terms with these ten groups," says Conway. "By next year, agreements with all 30 will be complete and we will be able to concentrate on the RDR." Cofunds agreed...