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Defaqto unfazed by Capita ownership of Synaptic

Defaqto has responded positively to the news that Capita has bought Synaptic Systems despite industry concerns that this puts Synaptic in a financially and strategically stronger position regarding the IFA market.

Defaqto says with over 1,000 IFAs signed up to use Aequos Engage it is unconcerned, saying it welcomes the competition.

Marketing director Kate Marsden says any activity that raises awareness of the need for accurate data is to be supported.

Marsden says: “The success Defaqto has had with its Aequos Engage service demonstrates the demand from IFAs for high quality, comprehensive coverage of financial products. Over 1,000 IFAs have signed up to access Defaqto’s Aequos Engage service since its launch in May, and we’re supportive of all activity that raises awareness of the importance of accurate, timely data; not just for compliance purposes but fundamentally for ensuring clients are sold the product that really meets their needs.”



This week by Matt Davis, a former Money Marketing reporter who now works for the Portland Mercury in Oregon, USIspent most of last Tuesday night mixing with 300 Republican women in the ballroom of the Hilton hotel in Portland, Oregon, covering the victory party of would-be Republican Governor, Ron Saxton. I’m sorry – Republican failure […]

Resolution looks for buys or merger

Resolution is on the acquisition trail and has not ruled out merging with a bigger rival or offers for the firm. It is understood to have met life offices, including Standard Life and Pru.

Wraps are barrier to trust business

The lack of true open architecture on many wrap platforms is the major barrier to increased take-up of investment trusts among IFAs, according to Baillie Gifford.Speaking at the Money Marketing round table event, Baillie Gifford sales and marketing director Ken Edwards said he had hoped an increase in “true wrap” solutions would ease this problem […]


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