Influential financial adviser Brian Dennehy has hit out at Cofunds in an open letter to its chief executive Brett Williams, saying a significant number of IFAs are concerned over the "frequent confusion" in leadership and direction.
The Dennehy Weller & Co managing director says advisers representing about £2bn on the platform have been discussing this issue and are worried Cofunds has become an "asset gatherer", rather than "a utility"....
‘Important to have an anchor’
Report to be written by TPR
Lack of innovation for solutions
Some 2,000 consumers affected