Cofunds is the top choice amongst IFAs despite a stormy year for the platform provider, according to a new study from CWC Research.
Research in association with BNP Paribas, which surveyed over 100 individuals at 70 IFA firms, found Cofunds was the top choice if they could only select one platform in the market. The results show IFAs appear to have been unaffected by the backlash from fund management groups against Cofunds following its renegotiations on terms. "Cofunds are winning big deals and also attract small firms," says Clive Waller of CWC Research. Standard Life, winning support from medium-sized firms, moves into second place. But in terms of the highest-rated platform amongst IFAs' existing provide...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes