Intelliflo will be the biggest software provider for the IFA sector within three years, claims chief executive Nick Eatock.The company is among the five biggest software providers for the IFA market, doubling user numbers from 2,000 to 4,000 since the management buyout from former parent Millfield in January, and Eatock says the firm’s use of “net-native” technology, which focuses on use in conjunction with the internet, will see it overtaking rivals. Eatock says Intelliflo is the only IFA software provider already using net-native technology across 100 per cent of its business. He says competitors are trying to go down the same route but says this will be difficult for them to accomplish and very expensive as they will have to convert their current systems. Eatock completed the 250,000 management buyout of Intelliflo from Millfield at the start of the year after the mer-ger with Inter-Alliance. He says: “We will be the dominant force in the market over the next three years due to net- native technology. I would imagine others will follow our lead but we have already inves-ted seven years in it.” 1st chief technology officer Paul Creamer says: “We have been working on Microsoft. net for the past two years as Microsoft’s premier European player and are a long way down the road to adopting this technology. We are moving clients across, depending on their preference, and we expect this process to be complete within three years.”
Market Harborough Building Society’s 55,000 customers are to get access to whole of market advice through a deal with mutually owned Skipton Financial Services. MHBS customers will get acc-ess to general investment and ret- irement planning, inheritance tax planning, will writing and estate planning from Skipton’s 120 whole of market advisers. The relationship has come […]
It must be remembered that, like stockmarkets, with-profits goes in cycles. I believe that investments in the right with-profits bonds – those with a high proportion of their underlying investments in equities and commercial property – will do well over the next few years, especially where the provider has a high, realistic free-asset ratio and good investment management.
Two new members have been appointed to the ABI’s Expert Working Group on HIV.African HIV Policy Network head of policy Rhon Reynolds joins along with HIV Special Interest Group of the British Association for Sexual Health & HIV chairman Dr Martin Fisher.
Financial services is seeing an influx of marketers from retail backgrounds, breathing fresh air into the stagnant world of increasingly regulated financial advertising, according to industry experts. Headhunting firm Hunter-Miller Executive Search draws parallels to a similar trend in the grocery sector 10 years ago when that industry also moved from pure product selling to […]
By Kunal Desai, Neptune India Fund
As global investors continue to scour emerging markets through the lens of reform potential, India shines bright. Indeed, we think it can sparkle even brighter. We anticipate India’s self-imposed 10-year ‘policy holiday’ to turn into one of the most pro-growth and pro-investment policy calendars seen in Asia in years. The Indian electorate has engineered a historic verdict. We now have the strongest Indian government since 1984, with the pro-market Bharatiya Janata Party (BJP) achieving an absolute majority for the first time in the party’s history.
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Lawyers who represent investors against Berkeley Burke over allegations of mis-sold Sipps estimate more than 1,000 claims could be in the pipeline. The High Court has approved a group litigation order relating to claims against Berkeley Burke Sipp Administration, and those affected have until 23 July 2018 to register to join the group action. It […]
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