September saw a record monthly sales total of GBP 749 million on Cofunds, the independent platform for financial planning.
Net inflow figures have gone from strength to strength with an impressive jump of 50% from sales of GBP 500 million in August to 749m in September. This record level in September also beat the previous best of GBP 670 million in December 2008 by an equally notable margin of 12%.
It takes dedication from all to achieve a result like this and it is always a pleasure to be announcing such good news, says Brett Williams, chief executive officer at Cofunds. We recognise the integral role that advisers have played in supporting us to achieve this success. With assets under administration now exceeding 20bn we are now well placed as the business goes from strength to strength.
D.C.