Cofunds has written to fund groups demanding contractual rights to the best share class deals in the market - as and when they become available.
Old Mutual Global Investors has become the latest fund group to agree super clean share class terms with Standard Life, an arrangement extending across its entire fund range.
Cofunds has said its move to scrap its £40 annual fixed platform charge for some users will impact around 80,000 clients, indicating an initial hit to revenues of around £3m.
Cofunds's former marketing director Verona Smith has joined Seven Investment Management (7IM) as head of platform.
Investment Week's news editor Nick Paler took the top accolade at last night's Platform Awards, winning journalist of the year.
Last night the prestigious Aberdeen UK Platform Awards were held in London. Here are all the winners and the judges' comments on why they scooped the prizes.
St James's Place has selected IFDS to administer its protection, investments, pensions and collectives business.
Cofunds has scrapped its annual £40 fixed platform charge for clients using its explicit pricing model, following its takeover by Legal & General.
The US government shutdown combined with growing concern over the country's debt ceiling have led to renewed fears US equity markets could sell off heavily if the impasse continues.