Cofunds posts surge in pre-tax profit for 2014
UK investment platform Cofunds has reported an 83% increase in pre-tax profits of £7.7m for 2014 due in part to a big growth in retail pension assets using its service.
UK investment platform Cofunds has reported an 83% increase in pre-tax profits of £7.7m for 2014 due in part to a big growth in retail pension assets using its service.
More than two-thirds of advisers do not expect to offer a self-directed service to clients after the Retail Distribution Review takes effect at the start of 2013, according to a poll of 614 financial intermediaries by one of the largest UK investment platforms.
Cofunds has added four of Allianz Global Investors Luxembourg-domiciled Sicavs to its platform.