Cofunds has written to fund groups demanding contractual rights to the best share class deals in the market - as and when they become available.
Cofunds has said its move to scrap its £40 annual fixed platform charge for some users will impact around 80,000 clients, indicating an initial hit to revenues of around £3m.
Cofunds's former marketing director Verona Smith has joined Seven Investment Management as head of platform.
Cofunds has dropped its annual £40 fixed platform charge for all its clients on its explicit pricing model.
Allfunds Bank has poached another Cofunds director, Bradley Lewis, to spearhead its expansion into the UK market.
Are advisers better off leaving fund share class conversions to platforms (as some have suggested), or should they carry it out themselves?
Cofunds has reinstated the platform charge on its self-invested personal pension (SIPP) after adding trading accounts to client funding options.
Cofunds chief executive Chris Last is to retire from the platform just six months after taking over the role.
Kames Capital has appointed Martin Davis, former chief executive of Cofunds, as CEO of the business.