Definition. Let $k$ be a commutative ring. Let $V$ be a $k$-module. We turn the symmetric algebra $\mathrm{S}\left(V\right)$ of $V$ into a graded Hopf algebra by defining the comultiplication
$\Delta : \mathrm{S}\left(V\right) \to \mathrm{S}\left(V\right) \otimes \mathrm{S}\left(V\right)$
by
$\Delta\left(v_1v_2...v_n\right) = \sum\limits_{i=0}^n \sum\limits_{\sigma\in\mathrm{Sh}\left(i,n-i\right)} \left(v_{\sigma\left(1\right)}v_{\sigma\left(2\right)}...v_{\sigma\left(i\right)}\right) \otimes \left(v_{\sigma\left(i+1\right)}v_{\sigma\left(i+2\right)}...v_{\sigma\left(n\right)}\right)$,
where $\mathrm{Sh}\left(i,n-i\right)$ denotes the set $\left\lbrace \sigma\in S_n \mid \sigma\left(1\right) < \sigma\left(2\right) < ... < \sigma\left(i\right) \text{ and }\sigma\left(i+1\right) < \sigma\left(i+2\right) < ... < \sigma\left(n\right) \right\rbrace$ of all $\left(i,n-i\right)$-shuffles. The counit of this Hopf algebra is simply the projection from $S\left(V\right)$ onto $k$.
Definition. Let $k$ be a commutative ring, and $C$ be a $k$-coalgebra. A coderivation of $C$ means a $k$-linear map $c:C\to C$ such that $\Delta \circ c = \left(c\otimes\mathrm{id} + \mathrm{id}\otimes c\right)\circ \Delta$.
Remark. Coderivations behave, in some sense, dually to derivations (which is not surprising since the condition $\Delta \circ c = \left(c\otimes\mathrm{id} + \mathrm{id}\otimes c\right)\circ \Delta$ is a kind of dual to the Leibniz identity, when the latter is written in pointfree notation): First of all, if $c:C\to C$ is a coderivation, then $c^{\ast} : C^{\ast}\to C^{\ast}$ is a derivation. The converse holds at least when $C$ is finite-dimensional. As an exercise in reversing arrows, the reader can prove that $\varepsilon\circ c=0$ for every coderivation $c$ of a coalgebra (in analogy to the equality $d\left(1\right)=0$ which holds for every derivation $d$ of an algebra).
Theorem. Let $k$ be a field of characteristic $0$. Let $V$ be a $k$-vector space. Then, the maps
$\mathrm{Hom}\left(S\left(V\right),V\right) \to \mathrm{Coder}\left(S\left(V\right)\right)$,
$X\mapsto \mu \circ \left(\mathrm{id}\otimes X\right) \circ \Delta$ (where $\mu$ is the multiplication morphism $S\left(V\right)\otimes S\left(V\right)\to S\left(V\right)$)
and
$\mathrm{Coder}\left(S\left(V\right)\right) \to \mathrm{Hom}\left(S\left(V\right),V\right)$,
$c\mapsto \pi_1\circ c$ (where $\pi_1$ is the projection from $\mathrm{S}\left(V\right)=\bigoplus\limits_{i\in\mathbb N}\mathrm{S}^i\left(V\right)$ onto the addend $\mathrm{S}^1\left(V\right)=V$)
are mutually inverse isomorphisms.
This is how I understand Chapter 5, Theorem 4.20 in Eckhard Meinrenken, Clifford algebras and Lie groups (revision 12/2011). (Unfortunately, the statement of the theorem in Meinrenken's text is obscured by the fact that one direction of the isomorphism - the easy one - is not written out explicitly.) The proof given in this text uses the characteristic-$0$ assumption: first, by assuming "WLOG" that a generic element of $\mathrm{S}\left(V\right)$ has the form $e^v$ for some $v\in V$ (this is made formal by going over to formal power series, but stripped of this formality, this is exactly what is known as umbral calculus for over a century), and second, by using the fact that the primitives of $\mathrm{S}\left(V\right)$ all come from $V$.
Question. Does the above theorem hold in arbitrary characteristic?
I am sure this is intimately related to the question whether $\mathrm{S}\left(V\right)$ is the cofree graded cocommutative coalgebra over $V$ (or at least whether it is "cogenerated" in degree $1$, whatever this means precisely!). Unfortunately, the only case when I am sure of this is the characteristic-$0$ case, so this is of no help to me. Loday-Valette does not seem to care for positive characteristic too much, either, and it is difficult for me to find any other source.