A rival platform to Aegon has bemoaned the 45-plus working day timeframe it takes for customers to switch from the old Cofunds platform as a result of inefficient data feeds.
The platform, which requested it remain anonymous, said the trading file feed it receives from Aegon had "completely changed" since Cofunds re-platformed to The Aegon Platform and is "not as clear-cut...
No need for wet signatures
'There will be more consolidation'
'Substantial lessening' of competition
'Until absolutely safe'
Asset managers and platforms don't always see eye-to-eye
Market turmoil erodes trust
Fund managers see 'signs of a tentative recovery'
Operating profits at £117m in first half
Cofunds integration offset expenses
'Others will also lose access to advice as the market implodes'