Cofunds users still struggling after Aegon re-platforming

Issues with transactions, income and fees

Tom Ellis
clock • 2 min read

Cofunds users recently transferred over to Aegon's new platform have said they are still struggling with teething issues more than three weeks on from the transition.

Some advisers have reported trouble with transactions not going through on the platform since the migration, while others have said client income and fees have not been processed properly. In addition to the teething issues, some advisers have also complained about having to wait for longer than 30 minutes for help with their issues through Aegon's contact centre. When the new platform first launched, Aegon said advisers forgetting their passwords to the platform had led to "peaks of demand" in its contact centre, although it took "full responsibility" for getting advisers logged onto...

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

Are platform model debates becoming too self-serving?

Are platform model debates becoming too self-serving?

Whoever said platform selection was easy?

Chris Williams
clock 10 September 2025 • 3 min read
FNZ launches adviser-focused AI tool as personalisation demand grows

FNZ launches adviser-focused AI tool as personalisation demand grows

Generative AI solution intended to cut admin time and help advisers meet Consumer Duty standards

Sahar Nazir
clock 19 August 2025 • 2 min read
Scottish Widows' Bold predicts adviser 'flight to trusted quality' in fragmented platform market

Scottish Widows' Bold predicts adviser 'flight to trusted quality' in fragmented platform market

‘There will be potential platform consolidation’

Jenna Brown
clock 18 August 2025 • 6 min read