Platforms expected to take more active role
Cofunds project part of digital savings business strategic review
Advisers are moving clients' assets away from old-style fund supermarket platform giants that typically favoured rebates, ahead of next April's switch off of the payment method, according to research by Platforum.
Which 'small' platform is operating at a 40% margin?
Report of exclusive talks with parent L&G
ISA inheritance: Managing wealth through the generations
Legal & General's decision to invite offers for Cofunds just two years after it bought the platform is fraught with a number of potential pitfalls, according to industry commentators.
Legal & General is understood to be considering a sale of its Cofunds platform, just over two years after it sealed a deal to take full ownership.
Zurich UK Life has poached Cofunds key account manager Rose St Louis to head its new retail distribution team.