Cofunds
Aegon fundmarket platform
Cofunds is a fundmarket that provides investment platform services in the UK. The company's product options include bond, pension, collectives and cash services. It also provides consolidation, investor administration, online investor, intermediary and integration services.
The company, which is based in London, was bought by Aegon, the pensions, life insurance and asset management business, from former owner Legal & General in 2016.
Aegon is working towards integrating the platform with Aegon Retirement Choices (ARC), bringing many of Cofunds' features into ARC.
UK
Legal & General has acquired the remaining 75% of Cofunds it does not currently own, in a deal worth £131m.
26 March 2013
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Platforms
Legal & General has agreed to acquire the 75% share capital of Cofunds which it does not already own, for a cash consideration of £131m.
26 March 2013
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Platforms
The Financial Services Authority is planning to ban rebates on legacy business which are paid by fund groups to platforms from 2016, in a move which will shake up the platform industry and force providers to charge groups for additional services.
12 March 2013
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3 min read
Platforms
Standard Life is investigating an error that has left thousands of advisers being quoted inflated fund prices on a number of platforms.
11 March 2013
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Platforms
Cofunds, the UK's largest platform, has backtracked on its unpopular policy on re-registration after an outcry from peers and advisers.
26 February 2013
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Platforms
Cofunds has become the UK's first platform to pass £50bn of assets under administration (AUA).
14 February 2013
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Platforms
Former Cofunds head of sales and marketing Alastair Conway has joined James Hay Partnership as chief executive.
04 February 2013
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Investment
Former Cofunds head of commercial Russell Lancaster is joining Fidelity as sales director.
29 January 2013
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Platforms
Former Cofunds chief executive Brett Williams is to take an advisory role at Kuber Ventures, a multi-manager platform for Enterprise Investment Scheme (EIS) portfolios.
28 January 2013
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1 min read
