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Cofunds sees AUA jump to £33bn

Cofunds’ assets under administration rose to £33.2bn in the first half of 2011, an increase of 34 per cent compared to £24.8bn AUA at the end of June last year.

Gross sales rose 15 per cent to £5bn compared to the same period in 2010.

Cofunds marketing and sales director Alastair Conway (pictured) says: “In the lead up to the RDR it is crucial that advisers feel supported by their platform. Our development plan continues, with the sole aim of ensuring advisers are prepared well before 2013.”

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