Cofunds is planning to target life companies failing to attain traction in the platform market.
Assets on the Cofunds platform have risen by £9bn since the beginning of the year to £45bn, according to the provider.
Cofunds' ‘explicit pricing model' has gone live today, with 1,700 clean share classes from 85 fund groups.
Cofunds has revealed more about its new pricing model set to launch before the Retail Distribution Review (RDR).
Chris Read looks at the rapidly expanding platform market and asks how it need to evolve to more fully service the retirement market.
Cofunds is to provide its adviser users with access to a range of discretionary fund managers (DFMs) via the wrap for the first time.
Wraps are beating fund supermarkets in attracting new business despite Cofunds' jump to the top of the platform league tables, according to latest figures.
Financial planner and asset manager Ashcourt Rowan has announced a pre-tax loss of £2.32m for the year ending 31 March, against £5.75m in the previous year.