The platform increased assets under administration to GBP36 billion, increasing 17% from the GBP30.3 billion in 2010.
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Revenues for the year grew by 14% from to GBP70 million from GBP61.3 million. The platform’s 2010 pre-tax profits included a GBP12.3m tax credit.
Commenting on the results, Cofunds chief executive Martin Davis said: "Our sustained profitability enables us to make significant investment back into the business ensuring we can continue to deliver the services and support that our clients need in this pivotal year."
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