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Cofunds

Regulation

L&G names insider finance director after PRA intervention

Legal & General (L&G) has promoted one of its senior staff to finance director after the insurer's external candidate was disapproved of by the regulator.

clock 18 June 2013 •

Equities

Legal & General makes unit trust business part of LGIM

Legal & General (L&G) is to make its unit trust business part of Legal & General Investment Management (LGIM) as the group undergoes a restructure.

clock 17 June 2013 •

Wrap/platforms

Leaked figures show Cofunds retail sales dived in 2012

Platform giant Cofunds is set to report a significant drop in net retail sales of more than £1bn for 2012, compared to the previous year.

clock 10 June 2013 •

Wrap/platforms

Cofunds profits slump 15%

Cofunds has reported an annual profit fall of 15% for 2012, despite increasing turnover and assets under administration (AUA).

clock 07 June 2013 •

Investment

UK funds prove popular despite outflows

UK funds blossomed in May as, despite UK sectors seeing outflows, four were placed in the top 20 overall selling funds, according to figures from platform Cofunds.

clock 07 June 2013 •

Wrap/platforms

Cofunds chairman Charlie Eppinger to step down

Cofunds chairman Charlie Eppinger is to step down as the acqusition of the platform by Legal and General completed.

clock 23 May 2013 •

Wrap/platforms

Verona Smith exits Cofunds as L&G makes more changes

Verona Smith, marketing director at Cofunds, is to exit the platform in the wake of the takeover by Legal & General.

clock 15 May 2013 •

Wrap/platforms

Martin Davis exits Cofunds; L&G's Last to step in

Cofunds CEO Martin Davis is leaving the business following a restructure in the wake of its sale to Legal & General (L&G).

clock 08 May 2013 •

Wrap/platforms

FundsNetwork closes gap to Skandia on platform leaderboard

Fidelity FundsNetwork has narrowed the gap to Skandia in the latest update of a platform leaderboard ranking providers by assets under administration (AUA).

clock 03 May 2013 •

Wrap/platforms

Cofunds' Mohan moves to Allfunds Bank for UK platform drive

Stephen Mohan, former Cofunds managing director of operational services, has moved to Allfunds Bank to spearhead its growth plans in UK and Ireland.

clock 30 April 2013 •
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