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FundsNetwork launches discretionary service

Fidelity FundsNetwork has launched a third party discretionary management service for advisers in partnership with Vestra Wealth.

The service has been launched following demand from advisers for discretionary management of client assets on the platform.

FundsNetwork head David White says: “Advisers continue to look for new and innovative ways to support their customers and ensure that their business is ready for change.

“In recognition of this, we have decided to launch this new service to enable those advisers who use discretionary managers, to improve efficiency and add value for their clients.”

White says the platform will also aim to include other discretionary managers on the platform.


TMW launches buy-to-let affordability app

The Mortgage Works has launched a buy-to-let affordability calculator app for Android and Blackberry smart phones. It is available from today and is based on the lender’s “how much can I borrow?” calculator. It allows intermediaries to work out how much their client could borrow from TMW after entering the estimated purchase price and estimated […]

Openwork partners with IFDL for platform offering

Openwork is partnering with Investment Funds Direct Limited to power its second platform offering and at the same time has struck a deal with Veracity to support advisers in analysis of legacy business. A pilot of the new white-label proposition will be tested on 15 advisers before wider roll-out to the rest of Openwork members […]


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