View more on these topics

F&TRC launches adviser charging comparison tool

The Finance & Technology Research Centre is launching a free online tool to help advisers compare the adviser charging processes applied by different providers and platforms.

The online matrix collates information from providers and platforms on the following: what needs to be done to facilitate adviser charging on new and existing business, what remuneration options are open to advisers, and what documentation is required for fee agreements.

Firms which feature on the tool include: Aviva, Aegon, Standard Life, Scottish Life, Zurich, Old Mutual Wealth, Novia, Fidelity Funds Network, Alliance Trust Savings, Canada Life, James Hay and Cofunds.

F&TRC says it will continue to add more providers to the service.

F&TRC managing director Ian McKenna says: “Following overwhelming feedback from advisers at our investment forum events that information around adviser charging processes for different organisations is confusing and difficult to find, F&TRC has created this fully searchable online tool to help advisers identify and understand the requirements of leading providers and platforms.

“The information comes direct from the organisations and is updated daily. It is available free of charge to advisers at www.advisersoftware.com. This will enable advisers to compare different organisations’ processes side by side in a single place so they understand where they need to do different things for different life offices and platforms.”

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com