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Cofunds recruits former Fidelity UK boss as operations director


Cofunds has recruited Marc Bulstrode as operations director.

Bulstrode, who was previously head of change and business management in Fidelity’s UK business, has been charged with developing Cofunds’ service offering for institutional and retail clients.

He has previously held senior roles at Barclays and Old Mutual.

Cofunds chief executive David Hobbs says: “It is great to have someone of Marc’s calibre in our team and sharing his ideas at our top table.

“His experience strengthens our leadership team and underlines our commitment to our customers in improving their experience of dealing with us.”


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Labour MP: Treasury committee will prove Govt ‘neutering’ FCA

A Labour MP has claimed an investigation into the FCA’s decision to drop an inquiry into banking culture will prove the regulator did so on instruction from the Government. The Treasury committee will grill FCA chairman John Griffith-Jones and acting chief executive Tracey McDermott on 20 January as it seeks to evaluate the decision in […]

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FCA admits it will consider return to commission

FCA acting chief executive Tracey McDermott has admitted the Financial Advice Market Review may reintroduce some form of commission but claims the regulator will not reverse the RDR. Money Marketing revealed last week that the FAMR panel was considering radical reforms in a bid to boost access to advice, including lower qualifications and a return […]


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