Legal & General is to roll out an expanded D2C platform offering by the end of 2014 as it seeks to complement Cofunds with an enhanced direct service.
In its interim results for the six months to 30 June 2014, the insurer said it will introduce a D2C “solution” towards the end of the year as part of its platform expansion. The group already has a bancassurance D2C proposition, Investor Portfolio Services (IPS), which offers a limited range of funds to investors. The company said earlier this year that the planned expansion of its D2C service will not involve the use of the Cofunds brand, though Cofunds technology is currently white-labelled by other direct platforms. “Legal & General expects to have a D2C solution available around th...
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