Cofunds drops annual fixed platform charge

The platform said the charge has been dropped as a result of a wider proposition review, following its acquisition by Legal & General in March. Cofund's monthly investment-based platform charge remains unchanged. Cofunds commercial director Adam Smith said: "This is the first of many developments that will benefit our clients and their end investors. Having the might of Legal & General behind us, we're able to play our part in helping to reduce the cost of investing in a sustainable way that reflects real value." Legal & General announced it had acquired the remaining 75% of Cofund...