Verona Smith exits Cofunds as L&G makes more changes

clock

Verona Smith, marketing director at Cofunds, is to exit the platform in the wake of the takeover by Legal & General.

Smith was previously head of proposition before changing roles earlier this year. Smith's exit comes hot on the heels of the departure of its chief executive Martin Davis. Davis - who joined the platform in June 2011 after a stint as CEO of restricted advice firm Openwork - left last week. L&G has moved across a number of its own people after acquiring the remaining 75% stake of the platform which it did not already own for £131m last month. L&G's commercial director Adam Smith is also moving across to work on the platform as part of the ongoing restructure at the country's larg...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Wrap/platforms

Andrew Goodwin: Five basic principles for choosing a platform

Andrew Goodwin: Five basic principles for choosing a platform

Identifying a platform with staying power

Andrew Goodwin
clock 27 May 2025 • 4 min read
Platform innovation: Terry Huddart on Platform One's execution only portal

Platform innovation: Terry Huddart on Platform One's execution only portal

'It's continuing to garner a good reputation in terms of its UX'

Terry Huddart
clock 21 May 2025 • 6 min read
Back to basics: Let's not forget platforms' fundamental attractions

Back to basics: Let's not forget platforms' fundamental attractions

'Providers have to shoulder the bulk of the blame for this knowledge gap'

Steve Andrews
clock 20 May 2025 • 4 min read