Cofunds has extended its lead as the UK's largest platform, with assets rising to £45bn, according to the Platforum's latest pricing guide.
The platform posted 35% year-on-year growth of assets under administration (AUA) in the period ending 30 September, taking its total to £45.04bn. Rival platforms Skandia (£40.64m) and Fidelity FundsNetwork (£38.35m), grew 10% and 17% respectively. The largest risers in percentage terms included Aviva (up 74% to £1.06bn), Axa Elevate (up 56% to £4.79bn) and Novia (up 52% to £1.51bn). The report also contains a number of tables on platform administration fees, which managing director Holly Mackay (pictured) said were still "extremely hard" to compare. "By the time you think about ...
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