Legal & General, a holding company of a group of insurance, investment management and financial services companies, and a fund platform provider, Cofunds, have announced an extension of their current distribution relationship to 2013.
The renewed and extended contract underscores Legal & General’s commitment to broad distribution which provides a wide variety of channels to market for its products, and to utilizing platform technology to reach individuals and intermediaries in the most effective way.
Tim Breedon, group CEO of Legal & General, said: I am delighted we have broadened the product range available through Cofunds and extended the duration of our relationship. We regard Cofunds as a very strong platform provider and an important part of our distribution.