View more on these topics

F&TRC launches platform due diligence service

Tablet-Technology-Computer-Business-700x450.jpg

Finance & Technology Research Centre has launched a platform due diligence service for advisers.

The free service advisersoftware.com includes data on the products and financial tools available on different platforms, online functionality and how well the platform integrates with advisers’ software systems.

It will be expanded over the next six months to cover data such as re-registration, financial strength, client access and platform security.

The service covers Aegon Retirement Choices, AJ Bell, Aviva Wrap, James Hay, Novia, Praemium, Standard Life Wrap, True Potential and Zurich Wrap.

A further four platform are in the process of adding their information.

F&TRC director Ian McKenna says: “Whilst due diligence is not about just data there is a need for advisers to collate considerable amounts of information. With adviser firms conducting such activity independently, there is huge duplication in time effort and cost for both advisers and platforms.

“By creating a structured central question set platforms can focus on getting the central data 100 per cent right and advisers will have access to high quality information structured consistently for ease of comparison.”

Recommended

Platforum: Outsourcing trends and the focus on income

While investments may be the fun bit for some, it seems mote and more advisers are outsourcing fund selection. We hosted a roundtable at our offices last week, attended by a group of high-powered discretionary fund managers and chief investment officers, and there was a definite consensus that the move to outsourcing has gathered pace. […]

Tech-Technology-Computer-Pound-700x450.jpg

Standard Life scraps self-serve platform

Standard Life has scrapped a self-service platform for low-value clients in favour of a non-advised referral service. Last year, Money Marketing reported Standard Life was testing a self-serve platform that advisers could white-label. Advisers would receive an introducer fee for referring business to the platform and Standard would provide telephone-based support for clients looking to […]

The return of emerging markets

Ewan Thompson, Head of Emerging Market Equities, Neptune Although in political terms 2016 will be remembered for the seismic shocks of the Brexit vote and Trump’s presidential victory, the year was also a watershed for the global economy and emerging markets in particular. Following five years in the wilderness, the conditions are now in place […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment